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Pricing to Sell in Franklin, Massachusetts

Did you know the best chance for selling your Franklin, MA property is within the first seven weeks?

It's true.

Studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell.

An Overpriced Home:sold sign
· Minimizes offers
· Lowers agents response
· Limits qualified buyers
· Lowers showings
· Lowers prospects
· Limits financing
· Wastes advertising dollars
· Nets less for the seller

When you are ready, contact me today for a personal market value analysis of your home. No hassles or obligation - just honest advice on how to get top dollar for your home!

February 8th Best Buy List

I have attempted to show some of the more outstanding properties that are currently on the market through these Best Buy lists.  These homes may or may not be my listings, rather they are, in my opinion only, the best choices for the money...

Here is this week's home...symmes

 

 

This pristine 3 bedroom, 2.5 bath Colonial is in a neighborhood location at 12 Symmes Road, Franklin.  It features a 2 car garage, has some hardwood floors and many updates.  It shows nicely for $369,900.

 

  If you would like to view this or other metro west of Boston homes, please email me at franklinmahomes@comcast.net or give a call at 508-369-5131.

 

Finally...Good Bay State Real Estate News!

The Warren Group, publisher of Banker & Tradesman just released their data on Massachusetts single family home sales.  Their report shows that the four year trend of sliding sales seems to finally be reversed with home sales now up by 3% from 2008 to 2009.

Most Realtors will acknowledge that the Massachusetts market peak was during 2005 when prices were almost 20% higher than the current 2009 sales data.

According to the (MLSPIN) Multiple Listing Service, there are currently 104 total single family homes, including new construction, for sale in Franklin.  During the past 30 days, sales were posted within 3% of a seller's asking price.  Also the data shows that sellers averaged a 4.5% price change from their original price.

The key seems to be pricing right from the start.  This has allowed many sellers to capture the current wave of buyers, and in some cases, start a bidding war for offers...

Wouldn't it be nice to have buyers fighting over you and your home?