Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at Re/Max Centre Realtors.

Some tips to have sellers agree to price it right at the beginning.

Sellers want to price their home based on prices two years ago. It is our job to be honest and tell them what is happening in the market.

1. When the seller first calls and talks about listing, I ask if they have any idea what it is worth. Sometimes they say 'no'  and sometimes they may mention what the neighbor sold for. I take the comps with me to the appointment and many times they may be wrong about the sale price of their neighbor's home.

2.I show them the active listings and tell them to pretend to be buyers. This sometimes gets them to agree to a certain price based on the competition.

3.I take some  recent articles from local newspaper,  , showing it is a Buyer's market and explain why it is important to price it right.

4.  I show statistics that  show that the house gets most showings in the first few weeks, and explain the importance of pricing it right.

5.I go and  preview some homes so I know the competition. I do mention to listing agents, that I am previewing the home. Most of the time, I may have already shown the homes to others , if it is in my market area.

.6. I show them the seller's net sheet for different prices and suggest they price lower than the competition if they want to sell quickly.

Getting sellers to price the home right is not as difficult as having them agreeing to the commission. But in this market if the house is not priced right , it is not worth taking the listing. I know of agents who have turned down listings because sellers wanted to over price.

When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site


She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email


 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.



Comment balloon 31 commentsGita Bantwal • February 09 2008 05:57PM
Some tips to have sellers agree to price it right at the beginning.
Sellers want to price their home based on prices two years ago. It is our job to be honest and tell them what is happening in the market. 1. When the seller first calls and talks about listing, I ask if they have any idea what it is worth. Sometimes… more
Relocating to Bucks, Montgomery or Philadelphia Gita Bantwal at ReMax…
Relocating to Philadelphia Area Gita Bantwal at ReMax Centre Realtors can help you. Location: Jamison, Pa If you are relocating to the area call me for my relocation package. I service Philadelphia, Bucks and Montgomery Counties. I hold the… more
Have you been thinking of buying a home? Call Gita Bantwal ReMax…
Home ownership is the American dream. If you would like to make your dream a reality please call me to see if you are ready to buy a home. I will show you a rent vs buy analysis and explain the home buying process. You may not be ready right now but… more
Mango Pie
1 can mango pulp 3/4 cup sugar 8 oz cream cheese 8 oz sour cream 3 packets unflavored gelatin 3 cups water 3 large pie shells Boil water. Add gelatin and sugar and stir to dissolve. Set aside. Blend mango pulp, cream cheese, sour cream and fold… more
How much lower than asking price are home buyers offering these days?
I was talking to an agent the other day and we were discussing the current market. The buyers are taking their time and the list of features they are looking for in a first time home is longer than some move-up buyers asked for many years ago. They… more
This is why I do what I do- Help people buy, sell, rent real estate.
I have been licensed since 1992. I love my profession and I believe it is a dream job. Prior to being Real estate agent, I was a Customer Service Representative at a bank. I had to sit at the desk and wait for people to come in to open accounts… more
Attention Rainers! Do not forget to post a disclaimer when you blog.
The August 2007 issue of Realtormagonline had some great tips for blogging. The one tip I decided to use right away was the one about having a disclaimer when we post our blogs. We are not offering legal advice and the information may not be… more
If you market to above 55 market, please read this post.
I read an article in which cnnmoney named the top 10 places to retire. It had the name of the city and the area of the city and the reasons why it was popular with retirees. if you work with Seniors you might want to look it up. I have not written… more
Attention Sellers Read this post if your home is on the market in…
Please remember that people who look at homes in winter are serious buyers. Nobody want to drive out on cols snowy days unless they have to. Please keep these tips in mind in the winter. 1. Shovel the snow as soon as possible or pay some one to do it… more
Ten things that can cause a delay at settlement.
Settlement day is the day buyers and sellers look forward to. My clients often ask how long it will take at settlement table. The answer is in a perfect world it takes about 30 to 45 minutes in our area. I usually ask the buyers to come first as… more