The $5,000 difference - Staying One Step Ahead Of The Competition
When you are trying for years to sell a home just above the million dollar range but it would not sell, sometimes $5,000 can represent the difference between capturing a potential buyer or losing chances of getting that buyer's attention.
Property owners of million dollar homes, who are urged to sell, tend to feel more attached to the idea of keeping their property above the million dollar range. You might call it pride, I will call it "stubbornnes", because keeping the property in the wrong price range can diminish the chances for the property to be found by buyers searching in the internet. We all know that 90% of property buyers begin their research online, so why waste time and resources?
The internet is the best ally to get a property out in the hands of multiple prospects from different countries and regions at the same time with the minimum investment, no other marketing tool offers such an amazing benefit. But, if the property is placed in the wrong price range, all marketing efforts can be in vain, because that particular buyer might not be interested in searching high above his price range.
This is when $5,000 can make a huge difference in the process of getting a million dollar property in the hands of the maximum quantity of prospects. Just by reducing the price to $995,000, the property changes to a different price range that has more demand, the price range of $500,000 to $995,000, whereas, in this market, the price range of $1million to $1.5 million has less buyers.
It is time to review the price on your property if the property has been in the market for several months and is not getting any attention from serious prospects. The $5,000 difference can be applied to any price range. Just review what is going on in your market area, which price range is getting more attention, and you might find out that moving your property to a new price range will dramatically increase the chances of your property to be found by that particular buyer who might be out there searching for a property like yours.
The following are just a couple of examples of million dollar homes that the owners just accepted to put in a new price range, where the properties will get more attention. http://costaricamilliondollarhomes.com/Casa-Sunset-And-Sunsire/index.html and http://costaricamilliondollarhomes.com/Casa-Breathtaking-Views-Home/index.html.
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