Pricing your home correctly at the beginning is one of the most important ingredients of a successful sale. Setting the right price significantly impacts the time your home is on the market. It’s just one of those real estate truths that the longer you home sits on the market, the lower the offer will generally be. Starting off pricing your home even a bit high reduces your visibility of those buyers who might seriously consider it. Then after the home has been on the market for awhile, buyer’s start asking “what’s wrong with this house”? In this case it would be nothing other than it was priced too high in the beginning. But what often happens is a buyer might interpret it differently and make an offer that is lower than you would have taken in the first place if priced right in the beginning.
It’s important to remember: Selecting the right price when you list your home is critical to receiving the highest and best offer!
When pricing your home, we’ll meet to discuss all aspects of my Market Research and what I think your home is worth and should sell for. Keep the following in mind and remember, you are the ultimate decision maker:
- You will likely have an idea of what you want your house to sell for. We’ll review the sales figures of other homes sold in your neighborhood as well as other homes also on the market and compare the features and details of your home in comparison to these other homes to set a competitive price.
- A correctly priced home will sell more quickly and for closer to the asking price than homes priced too high for the market and dropped later. Remember that each month your home is on the market is money out of your pocket.
- I offer you excellent marketing tools to get the best market coverage and my best, professional advice. I am committed to getting you the best price and getting your home sold quickly!
