Perspectives on North Shore Chicago's
Real Estate Market

Selling Your North Shore Home? The First Week is Crucial

If you are planning to sell your North Shore home, you should read this article in the Wall Street Journal.

The article cites data from discount real estate broker, Redfin, which underscores how crucial it is to price your home correctly right out of the gate, rather than “testing” the market at a higher price for a few weeks. According to Redfin, new listings get 4 times as many online visits in the first week as they do a month later, which is when most people consider taking their first price reduction. Over 90% of home buyers begin their search online, so you don’t want to risk “missing the market” by overpricing your home.

If you are considering selling and would like to know what your house is worth in today’s market, I would be happy to provide you with a complimentary CMA (competitive market analysis). Give me a call at 847-687-5957 or email me. You can also get a quick, over-the-net home value analysis here.

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