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Rick Tourgee's Provincetown Real Estate Blog

The main purpose of my Provincetown Real Estate Blog is to provide fresh, up to date information on real estate issues here in Provincetown, Truro, Wellfleet and surrounding Cape Cod communities.
Provincetown Real Estate and Cape Cod Real Estate: Vital Seller info!

Many Brokers and Agents have said over and over again:  "A home neds to be priced correctly or slightly below market in order to sucessfull sell the property."  Many have blogged about this time and time again.

Here in Provincetown, there is clear evidence of this fact.  I had a Buyer looking for a single family home in a certain location and a certain price range.  Many of the homes currently for sale were over-priced in my opinion as well the opinion of my Buyers.  There was one home for sale that came to market about $150,000 over priced.  Thus, we didn't go see it.  30 days later, it was reduced by $100,000 (still $50,000 over priced).  Then, 30 days later it was lowered $80,000 more!  Now was the time for my Buyers to get in quickly and make a serious reasonable offer.  I am delighted to say that my Buyers are buying one of the lowest priced homes in this location of Provincetown for even less than the last list price!!  This makes a win-win situation all the way around!

Another short example:  a condo came on the market listed at about $100,000 under market value.....it lasted about 30 minutes on the market.

The point here:  Buyers ARE out there!  Buyers will buy!  There is no shortage of Buyers!  The shortage we have in the marketplace are realistic Sellers!  The above examples prove my point 100%

Sellers:  Please, please, please, listen to your reputable respected Real Estate Broker or Agent!!  If you need an opinion here on Cape Cod, I am only a phone call away!

When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

Posted: Tuesday, August 12, 2008 8:01 AM by Rick Tourgee
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