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Your pricing strategy could be costing you money!

Today’s savvy Western New York Buyers have been told how it is a “Buyer’s Market” and they are wanting a real estate deal and therefore ignoring overpriced homes. If you thought the three magic words in Real Estate were Location! Location! Location! You would be wrong. Today the single largest factor driving Home Buyer’s purchasing decision is based on PRICE!

Not pricing your home correctly:

  • You are enabling your competition to sell faster than your home. Look long and hard at your competition, see why they have a sold sign and you do not.
  • You are missing the target group for your home. They are not seeing your home because it is not priced correctly. Buyers in that price point know it and ignore your home.
  • You are missing undecided buyers. Buyers have done serious research in not just one community, but several Western New York communities. They may be in love with the Wheatfield area, but will consider North Tonawanda, Orchard Park, Lancaster, Amherst or Grand Island if the right combination of factors occur.
  • You are wasting time. Every day you have your home overpriced, you are losing valuable time in getting your home Sold. The reality is: The first 30 days are the most likely time a home will sell, if it doesn’t in the first 60 days you have a 50/50 chance of selling.

Buyers know what it costs to replace a roof, remodel a kitchen or a bath. They will make offers factoring such items in. How do we know this? Because we work with Home Buyers all the time and we know what we advice them. Sometimes the best thing you can do is make those changes! There are times that a $3,000 repair is more effective than a $15,000 price reduction.

Call Colleen Kulikowski today for more information regarding the importance of pricing your home correctly. Making that phone call may just make your home get a SOLD sign on it!


For more information call Colleen Kulikowski

(716) 650-0051

 

Thinking of selling your Western New York home? Interested in finding out the current market value of your single family home, condo or investment property? Then call www.BestBuffaloHomes.com at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home. View additional WNY Market Area Statistics here.

What about one of these homes?

All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2012 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.
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All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2012 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.


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About Colleen Kulikowski, Associate Real Estate Broker (716) 650-0051

Colleen Kulikowski is an Associate Real Estate Broker at MJ Peterson specializing in Western New York residential homes who doesn’t follow trends; she blazes new trails and is able to recognize industry trends and implement them to her client’s best interest. Colleen has created a unique following with one of the top local internet positions in the country generating thousands of leads for her team. Real Estate is a second career for Kulikowski who’s first career was in Information Technology and Data Warehousing working for such companies as Radio City Music Hall, Nabisco Foods and as a consultant in the Financial and Insurance industries. A strong background in technology and management provides her with keen analytical and sharp negotiating skills.

Comment

  • Barry T.

    January 4, 2011 at 4:30 pm

    Pricing is so important, and you make some great points in this post!

  • Dena Stevens

    February 27, 2011 at 11:32 am

    Home pricing is HUGE! Competition is every where and no property is so unique that a potiential buyer will ignore how a home is priced!

Comments are now closed for this article.