Home Sellers in Birmingham Only Received 89% of List Price in August 2010

Collier Swecker video blogs about how in August 2010 Home Sellers in Birmingham only received 89 percent of their original list price when they sold their homes, according to the Birmingham Area MLS. This statistic has been staying around 91% – 92% for most of the last year but the number fell to 89.2% in July 2010 and down to 89% in August. This statistic coupled with the statistic that Sellers are usually receiving close to 98% of Final list price emphasize the importance of pricing your home correctly from the very beginning or you will enjoy being among the 14,000 homes for sale in Birmingham for a long, long time. If you price your home to sale based on the current market you will sell and you will get a lot closer to list price. Why is it that foreclosures and short sales are selling so well in this market? It is a simple answer, they are priced to sell and it certainly is not because they are the homes that are the most attractive in the best conditions. If you have any comments or questions about the importance of pricing your home correctly from the very beginning , email me at Collier@MegaAgentRealEstate.com or visit my website at www.MegaAgentRealEstate.com.

 

About Collier Swecker

Collier Swecker is a licensed real estate broker, attorney, blogger, speaker and entrepreneur. He is the founding partner of the Mega Agent Real Estate Team at RE/MAX Advantage which ranks as one of the top selling real estate teams in Alabama. Collier also acts as a business and marketing consultant for small business start-ups.

Collier graduated from Auburn University (B.A., 1998), Cumberland School of Law (Juris Doctor, 2002) and Washington University School of Law in St. Louis (Masters of Law in Taxation, 2003). Collier was the principal partner of the law firm Swecker and Sparks LLC for 3 years before leaving the law practice for real estate development and sales.

Collier is a native of Yorktown, Virginia and currently resides in Birmingham, Alabama with his wife, Amanda Capps Swecker. Collier & Amanda are the proud parents to a beautiful daughter, Julia Abigayle. They have one dog named Kramer.

Comments

  1. Mark Carlisle says:

    Not Much has changed Since!

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