Pricing Your Home Correctly

Dated: 11/14/2016

Views: 254

If you are thinking about putting your home on the market, one of the most important decisions will be what is should list for.   If you have picked the right real estate professional, they will know the factors to look at when advising what to price your home.  

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Study after study indicates that homes priced correctly from day one end up getting more money than those that have to reduce their price.  Realtors who are area experts and have reputation for selling homes close to the original listing price.  They do not just tell a seller what they want to hear to get a listing, that is what sellers should be looking out for.  

Today‚Äôs buyers have more access to market data than ever before.   In a hot market, houses can sell in days.  When a property has been listed for a while, buyers begin to assume something is wrong with it.  

Pricing a home too high causes buyers to avoid making offers on it.  Once a home has been on the market a long time, you will be forced to drop the price and by that point the property now has a bad reputation.  

Many buyers are plugged in electronically so the minute something new pops up that meets their criteria, they want to see it.  The largest number of showings will occur in the first two to three weeks.  Take advantage of that sweet spot by pricing the house competitively right out of the gate.  

If you would like to speak with an expert or for more information, please contact me at 214.690.9058 or email me at [email protected]

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