With a new year beginning, it’s time for you to get rid of last year’s baggage and concentrate on making 2012 the best it can be. So if you had a home for sale in 2011 and it’s still on the market, then you only need to have one New Year’s resolution: do whatever it takes to sell that house!

This economy has made it challenging to get acceptable offers from prospective buyers. While this is extremely discouraging, the lack of offers might mean it’s time to bite the bullet and lower the price on your Santa Cruz real estate. Then you might be able to sell quickly and start a new lease on life.

Below are reasons you should lower your price now to sell fast and start anew:

• It costs time and money to keep a house on the market. Maintaining a house and waiting for the right offer is a full-time job. There is constant cleaning, upkeep and improvements that can cost you time and money — which you could be investing into your new house.

 Your Santa Cruz real estate may be overpriced. If you aren’t receiving any offers, have your real estate agent pull information on comparable properties in your neighborhood that have recently sold. This will give you a better idea of where your home should be priced.

• Your Santa Cruz real estate agent recommends it. He or she knows your market and can tell if your property has been for sale longer than expected. If a property sits on the market too long, potential buyers might suspect that something is wrong. If your house has more days on market than your agent expected it to have, then it’s probably time to reduce the price.

Consider dropping your price so you can accomplish your New Year’s resolution early in 2012. Reducing your price might draw attention to your property, increase activity and bring more people through the doors.

If your home isn’t currently listed with an agent, and you’re ready to get it sold, please call me at 831.662.6522 or email me at Lauren@LaurenSpencer.com. I’ll implement my proven marketing plan to get your home sold as quickly as possible.

For additional information please visit my website at www.MySantaCruzRealEstate.com.

Links:

Acceptable offers

Comparable properties

Days on market

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