Limit orders and price gaps. In a similar way that a "gap down" can work against you with a stop order to sell, a "gap up" can work in your favor in the case of a limit order to sell, as illustrated in the chart below. In this example, a limit order to sell is placed at a limit price of $50. The stock’s prior closing price was $47.
Your asking price is the opening salvo in the process of selling your home, and it shouldn’t reflect what you hope or even need to get for your property. If a real estate agent helps you set the asking price, he’ll probably base his recommendation on a comparative market analysis.
Mortgage rates today, January 16, plus lock recommendations Mortgage rates today, January 30, plus lock recommendations. By Sophie Boone inMortgage Rate Articles. Contents.. 2019, plus lock recommendations Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates.
The more days your home is on the market, the less desirable it appears, and the more likely you are to have to lower your asking price to get a buyer. Agree to Pay Closing Costs
5. You will sell if you drop the price to the lower end of the spectrum. If you want to sell and you have done everything you can to move the home at the current price, you are left with only one choice – reduce your price. So how do you determine your new, lower price? This is when a good agent can be really helpful.
It hadn’t sold after 60 days on the market. To sell it, the price had to be less than anything else in the neighborhood, which was the very reason the seller had purchased the home in the first place. After a $60,000 price reduction, the house attracted two buyers and sold almost immediately.
Should you counter a lowball offer on your house and look desperate, or dismiss it and seem uninterested? Here’s the best way to counter an offer. It pays to play hard-to-get when your home stands.
At the same time, get real. If the lower value is justified by the comparables, it’s not likely to change with another buyer or another appraiser. You’ll have to choose whether to take a reduced price and close the sale or leave it and hold onto your home. Remember, you’re in control of deciding what you will and won’t take for your home.
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