Thoughts for selling Real Estate in Harrisonburg, Staunton, and the Shenandoah Valley
You may have decided that selling your home is almost impossible in our current Real Estate Market. There is no doubt that today’s real estate market in Harrisonburg, Staunton, and the greater Shenandoah Valley can feel daunting, but the fact is that homes sold yesterday, more will sell today and even more will sell each and every day from now until the end of the year.
It is totally within your power to guarantee that your house will sell even in the current market.
One Real Estate expert suggests we look at the simplicity of the famous Serenity Prayer and apply it to selling a home in today’s real estate market.
“Grant me the serenity to accept the things I cannot change; courage to change the things I can; and wisdom to know the difference.”
The first challenge is to accept the things you cannot change:
The two main reasons that the housing prices have softened are first, due the current lackluster economy and second, due to the large inventory of foreclosures and short sales. As a Harrisonburg or Staunton Homeowner there is no way for you to impact either of those two situations. The best minds in the country are struggling to discover solutions.
The second challenge is to have the courage to change the things you can:
There is not a vacuum of buyers in the market. There is a vacuum of homes a buyer in today’s market will purchase. For example: could you sell your home today for $1? … $1,000 … $10,000? Of course you could. There are plenty of buyers in the market for a home they consider priced correctly. You have to decide what the correct price is for your home if you truly want to sell. If you want your house sold, you must list it at a price a buyer will pay for it. Here is the key…..you can’t hope for a buyer from 2006 but rather have to focus on today’s buyer who has plenty of homes from which to choose.
It will take courage to sit down with me and honestly attempt to determine the true value of your home. I won’t tell always tell you what you want to hear, but rather what you need to hear. If you want to sell, you must have that courage.
The third challenge is to have wisdom to know the difference:
We all realize that the economic situation will take some time to correct. If we want to wait for prices to return to 2006 levels, we will probably have to wait for 5-7 years or more by some predictions. The last numbers I saw predicted 2025 before we see 2005-2006 price levels here in the Shenandoah Valley. What that essentially means is that no one really knows…..
Look at the reason you decided to sell in the first place and decide whether the extra money you would get from the sale is worth that wait. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?
This is where your wisdom must kick in. You already know the answers to the questions we just asked. You have the power to take back control of the situation by pricing your home to guarantee it sells. The time has come for you and your family to move on and start living the life you desire. That is what is truly important.
The basis of this article was written by a real estate guru whom I enjoy reading. I subscribe to his blog and thought this was worth sharing. I just sold my own home in Harrisonburg and it made me look in the mirror when it came to pricing. Maybe it will help you sell your Staunton Home, Harrisonburg Home, or other Real Estate in the Shenandoah Valley.