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Murfreesboro, TN Homes for Sale by Benchmark Realty LLCMurfreesboro, TN Homes for Sale by Benchmark Realty LLC

Lane Wommack – 615-542-6261
Rebecca Wommack – 615-542-0660
Lora Rodgers – 615-772-5576
Don Richer – 615-456-9189
Delena Marie – 615-684-9505
Ruth Ocana – 615-593-4995
Mariah Tellez – 615-498-3710
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Pricing Strategies in a Seller’s Market

The local Real estate market is experiencing a strong seller’s market right now. For potential sellers, this may be a golden opportunity to get top value for their property. While it may be tempting to aim for the sky when setting the listing price, that may not be your best option.

Here are 3 pricing strategies to consider before deciding on your asking price.

  1. ListingatMarketValueBuyer’s love “realistic sellers.” After considering the market data for your area, choosing to list at the current market value can attract the right buyer and encourage a solid offer or two. Typically, this results in a full-price offer with straightforward terms.  However, getting offers to over asking price is not unheard of at the moment.
  2. Listing HighIt is always tempting to list ahead of the market, especially in a seller’s market. This strategy is risky and can mean you waste valuable time by sitting on the market with little interest. Even in a strong sellers’ market, buyers will shy away from overpriced listings. Normally, listing above market value, experts suggest not higher than 5-7% higher. Currently since we have a low inventory and more people are moving to the area, sellers are seeing a their homes sell for higher prices.  We are starting to see this start to level out in several prices ranges though which is a good sign.
  3. Listing LowListing below market value will attract attention. The goal of this strategy is to encourage a bidding war that results in a sales price over market value. This works best for homes in turnkey condition and can backfire if the home is unappealing and you receive low or no offers and must adjust the price again.

Since this is a seller’s market currently, it presents opportunities for certain individuals wanting to maybe move, downsize, or just take advantage of a great timing. that should be looked at . Working with our team we can discuss the options and trends locally to get the best offer and terms.

Posted in: Uncategorized Tagged: Eagleville TN Homes for Sale, Mid TN Homes For Sale, Murfreesboro TN Homes for sale, New Construction

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Featured Properties

4727 Peytonsville Rd E $7,500,000

4727 Peytonsville Rd E Franklin, Tennessee

5 Beds 8 Baths 8,883 Sq Ft 13.030 Acres

0 Old Hillsboro rd $6,499,000

0 Old Hillsboro rd Franklin, Tennessee

5 Beds 7 Baths 8,252 Sq Ft 10.769 Acres

1416 Chickering Rd $6,000,000

1416 Chickering Rd Nashville, Tennessee

5 Beds 8 Baths 5,750 Sq Ft 9.430 Acres

2618 Factory Rd $5,880,000

2618 Factory Rd Murfreesboro, Tennessee

Beds Baths Sq Ft 112.090 Acres

1004 Liberty Church Trl $4,999,999

1004 Liberty Church Trl Brentwood, Tennessee

7 Beds 11 Baths 10,668 Sq Ft 1.830 Acres

160 2nd Ave S 3401 $4,250,000

160 2nd Ave S 3401 Nashville, Tennessee

2 Beds 3 Baths 2,172 Sq Ft Acres

1517 Lone Oak Cir $4,195,000

1517 Lone Oak Cir Nashville, Tennessee

5 Beds 9 Baths 6,857 Sq Ft 0.710 Acres

160 2nd Ave S 3102 $3,999,999

160 2nd Ave S 3102 Nashville, Tennessee

2 Beds 3 Baths 2,384 Sq Ft Acres

1816 Franklin Hills Ln *Lot 2* $3,999,900

1816 Franklin Hills Ln *Lot 2* Franklin, Tennessee

4 Beds 6 Baths 7,907 Sq Ft 5.093 Acres

3914 Harding Pl $3,995,420

3914 Harding Pl Nashville, Tennessee

6 Beds 8 Baths 6,292 Sq Ft 0.500 Acres

4618 Belmont Park Ter $3,749,950

4618 Belmont Park Ter Nashville, Tennessee

6 Beds 6 Baths 6,119 Sq Ft 1.070 Acres

565 Grand Oaks Dr $2,999,900

565 Grand Oaks Dr Brentwood, Tennessee

5 Beds 7 Baths 8,165 Sq Ft 3.940 Acres

3304 Overlook Dr. $2,999,000

3304 Overlook Dr. Nashville, Tennessee

5 Beds 7 Baths 5,861 Sq Ft Acres

160 2nd Ave S 2007 $2,950,000

160 2nd Ave S 2007 Nashville, Tennessee

2 Beds 3 Baths 1,524 Sq Ft Acres

1411 Old Hickory Blvd $2,899,000

1411 Old Hickory Blvd Brentwood, Tennessee

5 Beds 7 Baths 7,416 Sq Ft 2.030 Acres

Talk To Team Wommack Now!

Have a question? Give us a call at 615-809-2323, or you can click on our logo for more options. Call or email and we will contact you right away.

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615-809-2323 Office
615-542-6261 Lane
615-542-0660 Rebecca
lane@teamwommack.com
License# 00327349
rebeccawommackrealtor@gmail.com
License# 335407
Benchmark Realty, L.L.C.
630 W. Burton St.
Murfreesboro, TN 37130
Office License # 261865

Murfreesboro Real Estate

Did you know the hottest homes for sale in Murfreesboro often sell within days of being listed? Don't miss out! Set up your own custom property alert so you can be notified of the newest homes as they hit the market! Simply click the button below and choose the qualities that you want most in a home and save your search to start getting alerts today!

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As local Murfreesboro Real Estate Agents we also have access to homes before they hit the market and can show you more homes and information that are only accessible in the MLS. If you would like to set up a time to go over your real estate needs, please free to contact us at your convenience. There is no obligation and or pressure... we hope to hear from you!

Featured Properties

4727 Peytonsville Rd E $7,500,000

4727 Peytonsville Rd E Franklin, Tennessee

5 Beds 8 Baths 8,883 Sq Ft 13.030 Acres

0 Old Hillsboro rd $6,499,000

0 Old Hillsboro rd Franklin, Tennessee

5 Beds 7 Baths 8,252 Sq Ft 10.769 Acres

1416 Chickering Rd $6,000,000

1416 Chickering Rd Nashville, Tennessee

5 Beds 8 Baths 5,750 Sq Ft 9.430 Acres

2618 Factory Rd $5,880,000

2618 Factory Rd Murfreesboro, Tennessee

Beds Baths Sq Ft 112.090 Acres

1004 Liberty Church Trl $4,999,999

1004 Liberty Church Trl Brentwood, Tennessee

7 Beds 11 Baths 10,668 Sq Ft 1.830 Acres

160 2nd Ave S 3401 $4,250,000

160 2nd Ave S 3401 Nashville, Tennessee

2 Beds 3 Baths 2,172 Sq Ft Acres

1517 Lone Oak Cir $4,195,000

1517 Lone Oak Cir Nashville, Tennessee

5 Beds 9 Baths 6,857 Sq Ft 0.710 Acres

160 2nd Ave S 3102 $3,999,999

160 2nd Ave S 3102 Nashville, Tennessee

2 Beds 3 Baths 2,384 Sq Ft Acres

1816 Franklin Hills Ln *Lot 2* $3,999,900

1816 Franklin Hills Ln *Lot 2* Franklin, Tennessee

4 Beds 6 Baths 7,907 Sq Ft 5.093 Acres

3914 Harding Pl $3,995,420

3914 Harding Pl Nashville, Tennessee

6 Beds 8 Baths 6,292 Sq Ft 0.500 Acres

4618 Belmont Park Ter $3,749,950

4618 Belmont Park Ter Nashville, Tennessee

6 Beds 6 Baths 6,119 Sq Ft 1.070 Acres

565 Grand Oaks Dr $2,999,900

565 Grand Oaks Dr Brentwood, Tennessee

5 Beds 7 Baths 8,165 Sq Ft 3.940 Acres

3304 Overlook Dr. $2,999,000

3304 Overlook Dr. Nashville, Tennessee

5 Beds 7 Baths 5,861 Sq Ft Acres

160 2nd Ave S 2007 $2,950,000

160 2nd Ave S 2007 Nashville, Tennessee

2 Beds 3 Baths 1,524 Sq Ft Acres

1411 Old Hickory Blvd $2,899,000

1411 Old Hickory Blvd Brentwood, Tennessee

5 Beds 7 Baths 7,416 Sq Ft 2.030 Acres

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