As of the third week of September 2023, the United States has seen the most significant increase in the number of homes for sale this year, with approximately 500,000 active homes on the market. Available homes have increased by 1.9% or 9,000 per week. While this news may be suitable for buyers with more options, it also means that more homes are unsold and sitting on the market for extended periods.
Unfortunately, many run-of-the-mill real estate agents only have one strategy (reducing the price), leading to 37% of single-family homes on the market taking a price cut last week. This is because these agents are often focused on simple administrative tasks, such as taking photos of the home using basic smartphone apps or hiring volume photographers to capture every detail of the property. They tend to focus on essential features and write literal descriptions of the house with cliches like “family-friendly” or “sought-after.”
The worst part is that many average agents allow the seller to dictate the asking price, even though a trained real estate agent should know the price a home should sell for. Skilled agents pay close attention to recent appraisals and market trends to determine the likely sales price of a home. However, it is surprising that real estate agents are not required to know how to determine the property’s market value, which is often left to the appraisers hired by the mortgage company.
At 72SOLD, we identify buyers within the first 72 hours of listing a property. We create a competitive environment for buyers to make their offers, emphasizing that the online price is the starting price. Our proven home selling program has delivered exceptional results, with sellers walking away with an average of 9.2% higher sales prices than those produced by average agents.
We achieve these results by launching your home online with the best marketing strategies that make your property irresistible to buyers. We get buyers excited about buying your home and avoid any price reductions.
Are you ready to sell your home the 72SOLD way? We are America’s Leading Home Selling Company! Click here to learn more and to contact me today.