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Price Adjustments and the 2023 Market

Lamacchia Realty

2020 and 2021 did see slight hills and valleys but nothing as intense as the years’ prior. An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money. If three weeks go by, contact your REALTOR® to discuss an adjustment on the list price.

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Price Adjustments in this New Housing Market

Lamacchia Realty

2020 and 2021 did see slight hills and valleys but nothing as intense as the years prior. Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. Consider the Price Brackets. See chart below.

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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. An experienced REALTOR will make it very clear from the beginning that pricing right is the key to selling faster and for more money.

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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers. Consider Waiving Inspection. Additional Resources. Buyer Resources.

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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers in this adjusting market with higher rates. DISCLAIMER – There are risks involved with these tactics, consult your REALTOR® or Attorney. Real estate is a long game.

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The art (and the importance) of pricing your home to sell

Cornerstone

Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. percent above 2020 levels, decelerating steadily through the spring and summer, and then gradually reaccelerating toward the end of the year.”. 300,000) helps to straddle two pricing brackets and optimize exposure.

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