Did you know that your best probability to sell your house at the best price is in the first 4-6 weeks of listing of your property? This is because of the existence of the “Hoverers”. The Hoverers are the people who have been in the market for a long time searching for a home to buy and have not found it. They are expectant of new listings entering the market and are ready to move as soon as they see one that fits their criteria.
No Marketing Will Make Up for an Overpriced House
Hoverers exist in every market and are the best source of quick sales. They will see your house once and be ready to write an offer immediately. They have probably attempted to buy another house only to lose it to a higher bidder, or they have fallen out of escrow for some issues with the house, or simply have not found the property that best fits their needs. They have seen the entire house inventory in the market and have yet to find what they want. By now Hoverers are educated buyers and know how much to pay for your house, so they will probably make you a reasonable offer. They are also probably anxious to move on with their lives, but can’t do it until they buy their new home. So hoverers are your best chance to get a quick, well-priced offer on your house.
Homes that don’t sell fast linger in the market and people start to think there is something wrong with them. Owners find themselves in the need to sequentially lower the price as time goes by and the home does not attract buyers. Real estate agents stop showing your house because they get convinced there is something wrong or the price is not right.