Is Your House Priced To Sell Immediately (PTSI)?

Posted By Shawn Pillion @ Mar 21st 2019 4:01pm In: Buyer Info

Is Your House Priced To Sell Immediately (PTSI)?

Charleston Family Real Estate

In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 4.4% over the last 12 months. By this time next year, CoreLogic predicts that home values will be 4.6% higher.

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little OVER market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing! (see the chart below)

Charleston Real Estate Pricing

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price their house so that demand for the home is maximized. By doing so, the seller will not be negotiating with a buyer over the price, but will instead have multiple buyers competing with each other over the house.

The key to selling your house in 2019 is making sure your house is Priced To Sell Immediately (PTSI)! That way, your home will be seen by the most buyers and will sell at a great price before more competition comes to market!

Bottom Line


If you are debating listing your house for sale, meet with a local real estate professional who can help price your home appropriately for your area and maximize your exposure this Spring Market! ChuckTown Homes Real Estate is happy to help!

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9 Tradd Street
Charleston, SC

MLS# 18015779 - Residential

Private, Pristine, and Expertly designed, this 3 story masonry Charleston Single House with a pool and separate guest house sits on a ''street to street'' lot on East Tradd--South of Broad. Sophisticated and charming, this marvelous home is in turn-key condition and provides a level of interior finish and detail the most discerning buyer will appreciate. This high lot is located in a non-hazardous X Flood Zone, and the 5,947 ft main house boasts grand, light filled rooms room with high ceilings. Perfectly stained, hand milled heart of pine flooring can be found throughout the home. A combined dining, chef's kitchen and family room provides an brilliant space to dine and entertain family and friends. A substantial marble island with seating is the focal point of the kitchen, well-complemented by top-tier stainless appliances- most notably a 48 inch Viking gas cook top and oven. Two sets of French doors lead you to your limestone patio and a refreshing in-gound pool. The Sheila Wertimer gardens were brilliantly designed and include a row of Sycamore trees and potted lemon trees. Inside this spectacular home, amenities are plentiful. A custom built theatre room, bar and approximately 5000 bottle wine room were recently finished by the current owner. Keep your best wines and spirits from around the globe in a safe and secure temperature controlled room with custom wood racks. An elevator services all 3 floors. The spacious roof top deck is truly one of the most amazing views in the city. See Charleston's roof tops, church steeples and views of the harbor with a glass of wine in hand! The master bedroom is located on the 2nd floor and on the south side of the house which allows for great natural light and offers views of your pool, patio and guest house. Completing the master suite are walk in closets with custom racks and a spa-like marble master bathroom. There are 3 additional bedrooms with en suite bathrooms in the main home along with a 3rd floor office which could be converted to a 5th bedroom. The guest house, located behind the main home, can be accessed via Longitude Lane. There is 2 car covered garage with 3 additional parking spacesâ”a total 5 off-street parking spaces! A 575ft studio guest house is located above the garage and provides hardwood floors, tall ceilings and a bathroom. This is one of the finest homes on ever to be put on the market in Charleston. Don't miss this rare and spectacular jewel in the heart of the Old Walled City!

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