PATiENCE WON’T SELL YOUR HOME. PRICING WILL.
Selling your home? You might think waiting for the perfect buyer will get you top dollar. But in today’s real estate market, patience alone won’t sell your home. Strategic pricing will.
Why Homes Take Longer to Sell
Homes are staying on the market longer than last year. According to Realtor.com:
“The typical home spent 60 days on the market in August, seven days longer than last year and now above pre-pandemic norms for the second consecutive month. This was the 17th straight month of year-over-year increases in time on market.”
One reason is inventory. More homes for sale give buyers more choices, slowing down individual sales. But the bigger factor? Price.
The Average List Price Isn’t Rising – And That Changes Everything
Many homeowners overestimate how much buyers will pay. The reality:
- List prices have been flat for over three years.
- Buyers today are more price-conscious.
- Homes priced above market value sit longer, often leading to lowball offers.
4 Signs Your Home Might Be Priced Too High
- Few showings despite good marketing
- Offers are low—or non-existent
- Buyer feedback consistently mentions price concerns
- Your home has been on the market longer than other homes in your neighborhood
Smart Pricing Strategies
Position your home for today’s market in Fort Lauderdale, Oakland Park, Weston, and Pembroke Pines with these tips:
1. Get a CMA (Comparative Market Analysis)
Compare your home to recent sales in your area—size, condition, features. This shows buyers’ real expectations.
2. Price to Attract, Not to Guess
A slightly aggressive or realistic price can generate more interest, sometimes even creating competition.
3. Recognize Premium Features
Unique features can justify a premium price, but buyers are selective—location, updated kitchens, or waterfront views matter most.
4. Adjust Quickly if Needed
If your home isn’t attracting interest in 1–2 weeks, a small price change can reignite buyer traffic.
5. Work With a Local Agent
Agents familiar with Broward County trends and buyer behavior can guide your pricing strategy. The Listing Team knows what buyers in Fort Lauderdale, Oakland Park, Weston, and Pembroke Pines are paying now.
Bottom Line
Patience alone won’t sell your home. Pricing will.
If your home isn’t moving, the market is sending a clear signal. Adjust strategically, and buyers will respond. Your house will sell if priced correctly.
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📞 954‑342‑6180 | ✉️ scott@reallistingagent.com
