Is it time to reduce your Western New York home’s price? If you have your WNY home on the market, and you do not have to sell you might want to ask yourself if you can hold until the market is ready for the price you want for your Western New York home. If you want to sell your WNY home in this competitive market, it boils down to the most basic of factors that will drive the sale of your home — and that is price. It is time to do a price reduction.

By leaving your home on the market over-priced you are enabling your competition (other homes for sale) to look better because they are priced better and are more appealing than your Western New York home. Look long and hard at your competition, see why they have a SOLD sign and you do not. In the end you will see it boils down to the listing price.

Typically, buyers aren’t upset about these disclosures, even if they are negative. The problem lies in when they feel they have been lied to or tricked. So it is best to disclose everything.

Artists, both famous and not, use Art Galleries to present their work to the right audience. They focus their time on what they do great which is to produce the works in the first place. Many of these galleries take 40-60% of the sale as their part in presenting, advertising and handling the many details of selling a piece of work.

What has happened in the art world is that the Internet has made art more accessible. With that why is it that Galleries are increasing in popularity? Because the artist knows how to maximize their time and put it to the highest and best use.

With competition for qualified buyers and the large number of homes for sale in Western New York, it is important that you hit the market with the right listing price and in the best condition from the beginning. Instead of packing you are searching for the reason for the fact that it is still on the market. Some houses stay on the market for a long time regardless of the market conditions. Let’s take a look at some of the reasons homes do not sell in Western New York. Factors that affect the ability to sell your Western New York home include: location, condition and price are huge factors in the ability of your home sale.

To protect the interest of their investors, the buyer’s mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold.

By not thinking objectively, important time is lost, money can be lost and so much more. To prevent this from happening to you, don’t make the three biggest mistakes when listing your Western New York home for sale. When selling your home it should be treated as any other transaction.

It should be made without emotional involvement, but many times WNY Sellers use their hearts instead of their heads when making such an important decision as listing their home for sale. So you are probably wondering what are the three of biggest mistakes that we see Buffalo Real Estate Sellers make.

Are you making them?

Well Let’s talk about how we approach to having an Open House. Expect that an Open House won’t sell your home. But some homes are sold through an Open House. An Open House is our opportunity to meet potential Buyers and start the home buying process with them. It might sell another home we have, and an open house we have elsewhere may just sell yours. There are no guarantees.

There are many factors that go into marketing, showing, and successfully completing a Real Estate transaction in Western New York that you may not be familiar with. If you act on your own you will eventually discover the process is involved and full of potential pitfalls. It might be best to investigate the questions and answers before you commit to the journey.

Here is a listing that I came across on the Internet that just made me laugh and I think you might enjoy!  We have all come across some homes that need to be fixed up, but how creative the description of this home for sale!

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