This Week's Featured Listing: Almost new home in BSL $225,000
Selling Reality
Reality check or realty check?
One in the same when it comes to a buyers’ market.
For both buyers and sellers, it’s essential to deal in reality when making an offer or setting a selling price. What is even more important in an unpredictable real estate market is knowing price performance. One of the indicators we research daily here at Three Rivers Realty is comparing the “sold” price to the original “asking” price.
What we see in Southport, Oak Island, Boiling Spring Lakes and St James is that it’s fairly common to see homes sell for 85-92% of the asking price. Higher priced homes tend to be in the lower part of that range.
What does this mean to the selling reality? Our agents at Three Rivers Realty always research numbers such as these before discussing an offer with buyers. We help you make sure your offer is realistic and based on the latest data. For sellers, we make sure you know what selling price meets the market conditions, and understand what can happen once a contract offer comes in.
As always, we’ll talk numbers and market conditions anytime. We are as close as your phone or email.
When working with Three Rivers Realty, you’ll quickly find that The Difference is in the Details! Click here to read our blog; it focuses on local real estate issues here in Brunswick County, NC.
Three Rivers Realty covers all of Brunswick County, and we specialize in Oak Island, Southport, St. James, Boiling Spring Lakes, Bald Head Island, Sunset Harbor, River Run, Shallotte, Arbor Creek, and Winding River.
