Shari Sagan McGuirk - Marblehead MA Real Estate, Swampscott MA Real Estate, Salem MA Real Estate


Is now the right time to lower the asking price for your residence? If you've studied the housing market closely, set an aggressive price for your home and are still struggling to generate interest in your residence, the answer to this question may be a resounding "Yes."

Ultimately, there are many reasons why you may want to consider lowering the asking price for your house, including:

1. It has been many weeks or months since the last home showing.

Although your home listing initially may have stirred up plenty of interest, homebuyers have shied away from your residence over the past few weeks or months. Thus, there may be no time like the present to lower your house's asking price to widen your net of prospective homebuyers.

Reducing your house's asking price by even a few thousand dollars may help you generate interest in your residence. And in the days following a price drop, you may notice a significant increase in the number of requests for home showings as well.

2. Your home asking price no longer corresponds to the current real estate market's conditions.

A seller's market can quickly morph into a buyer's market. As such, you should evaluate the real estate sector regularly to ensure your home asking price corresponds to the current housing market's conditions.

Take a look at available houses that are similar to your own – you'll be happy you did. This housing market data can help you determine if your house is priced appropriately based on the competition.

Also, examine the prices of recently sold houses in your city or town. That way, you can see how long these residences were available before they sold, find out whether you're operating in a buyer's or seller's market and plan accordingly.

3. You need to sell your house as soon as possible.

If you face a time crunch to sell your home, you should establish an aggressive price for your residence from the get-go. However, if you fail to generate substantial interest in your residence, you may need to act fast to lower your home asking price to meet your deadline.

For those who want to avoid the possibility of lowering a house's asking price, it often pays to work with a real estate agent. This housing market professional can help you establish a fair, competitive price for your residence, one that should help you stir up significant interest in your home.

In addition, a real estate agent will work with you throughout the home selling process. He or she will set up home showings, host open houses and negotiate with homebuyers on your behalf. Perhaps best of all, a real estate agent is happy to respond to your home selling questions and ensure you can make informed home selling decisions.

Before you lower your home asking price, consult with a real estate agent. By doing so, you can get the expert home selling advice that you need to determine whether to wait out the current housing market or reduce the price of your residence.



20 Everett Paine Boulevard, Marblehead, MA 01945

Single-Family

$739,000
Price

10
Rooms
5
Beds
3
Baths
Outstanding property in a fantastic neighborhood! Many rooms just freshly painted for fall. Stunning contemporary style home located near desirable Gatchell's playground and nature lover's Wyman woods. The foyer leads to an open concept floor plan perfect for entertaining. Fire-placed living and dining room with gleaming hardwood floors. Updated kitchen overlooks expansive family room and tranquil deck with access to the back yard. A few stairs up to four or five bedrooms, a renovated bathroom and a master suite complete with ample closet space, elegant marble bathroom and sliders to backyard. The lower level is a great bonus with possible sixth bedroom or home office, mud room from garage and additional play room or storage area. Beautiful hardwood floors, central air, fantastic flexible floor plan a stone's throw to conservation land, hiking and playground. This spacious and sunny home has been well cared for and is move in ready!
Open House
Sunday
December 08 at 11:00 AM to 12:30 PM
Cannot make the Open Houses?
Location: 20 Everett Paine Boulevard, Marblehead, MA 01945    Get Directions

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When you decide to sell your home, there’s a long list of things that you’ll need to do from finding a real estate agent to making repairs around the home. It’s nice to have a to-do list handy to help you figure out what you need to do and when throughout the course of the sale of your home. 


Find Out The Estimated Value Of Your Home


You should do a quick search online to see what your property is valued at. Some websites even have the number of views that your property has gotten over its lifetime on the site. This will give you an idea of how much you might get for the sale of your home as well as how much interest there may be in buying the home to begin with. If you see what your, home has listed in a basic online search, you’ll be able to tell what needs to be updated when the home is actually listed by your realtor.   


Get Things Fixed


If there have been issues in the home, you should work on getting them fixed. You’ll also need to know what has happened in the home over the years in order to put together a proper disclosure. Has the basement flooded? Did you face an electrical fire?  All of these problems need to be listed. You can also disclose what you did to remedy the issues. The buyer has a right to know and understand that they are moving in under good conditions. 


Learn About Potential Real Estate Agents


It’s so important to hire the right agent when you’re selling your home. You are getting a return on your initial investment, so you want it to be a good one! You’ll also want to know that you have someone who will be there to do home showings, process paperwork, and be your advocate throughout the process. You can contact various references that real estate agents provide and ask how they felt about the agent’s work. 


Find Out How Your Home Will Be Marketed


In Today’s technology-based world, there are so many ways that a home can be marketed. This includes the use of websites, social media, open houses, video tours, and photos. Your agent should be well-versed in all of these areas, or be able to hire people who do know how to best use these areas of marketing. Every avenue that is used to get buyers for your home is beneficial to you as a seller.



Understanding the process of how a home is sold can help you to be prepared when you’re ready to sell.


This Single-Family in Marblehead, MA recently sold for $549,900. This Ranch style home was sold by Shari Sagan McGuirk - Sagan Harborside Sotheby's International Realty.


42 Robert Road, Marblehead, MA 01945

Single-Family

$549,900
Price
$549,900
Sale Price

6
Rooms
3
Beds
2
Baths
Amazing opportunity to renovate or build your dream home in a great neighborhood! Enjoy one level living or use your imagination to take advantage of this 3 bedroom, 2 full bath home down the street from conservation land, parks and schools. Spacious and private backyard perfect for expansion or entertaining. Additional living space in unfinished basement with second fireplace, two additional rooms, plenty of storage and access to two car garage. Make this diamond in the rough your next best move!

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20 Everett Paine Boulevard, Marblehead, MA 01945

Single-Family

$739,000
Price

10
Rooms
5
Beds
3
Baths
Outstanding property in a fantastic neighborhood! Many rooms just freshly painted for fall. Stunning contemporary style home located near desirable Gatchell's playground and nature lover's Wyman woods. The foyer leads to an open concept floor plan perfect for entertaining. Fire-placed living and dining room with gleaming hardwood floors. Updated kitchen overlooks expansive family room and tranquil deck with access to the back yard. A few stairs up to four or five bedrooms, a renovated bathroom and a master suite complete with ample closet space, elegant marble bathroom and sliders to backyard. The lower level is a great bonus with possible sixth bedroom or home office, mud room from garage and additional play room or storage area. Beautiful hardwood floors, central air, fantastic flexible floor plan a stone's throw to conservation land, hiking and playground. This spacious and sunny home has been well cared for and is move in ready!
Open House
Friday
November 22 at 4:00 PM to 5:30 PM
Commuter Open House tomorrow!
More Open Houses
Cannot make the Open Houses?
Location: 20 Everett Paine Boulevard, Marblehead, MA 01945    Get Directions

Similar Properties





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