Realtor Friends! Helping your clients price their home is a major task OR advising them when they decide to reduce the price..even more so! Comps, upgrades, time of year, motivations, all kinds of things come into play. There is something you may not be aware of that could help you advise your clients.
Did you know 61% of all buyers last year financed a with a conventional loan? Did you know 27% of Millennial buyers last year financed their home with an FHA loan? Pricing a home to match what is possible for these loan types and the different down payments may open up the buyer pool for your sellers.