Price Your Home Right!
When you’re selling your home, the price you set is a critical factor in the return you’ll receive. That’s why you need a professional evaluation from an experienced Realtor®. We can provide you with an honest assessment of your home, based on several factors including:
- Market conditions
- Condition of your home
- Repairs or improvements
- Time frame
In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 90 days.
If the price of your home is too high, several things could happen:
- Limits buyers. Potential buyers may not view your home, because it would be out of their buying range and will not compare favorably to the other homes on the market…YOUR COMPETITION
- Limits showings. Other salespeople may be less reluctant to show your home.
- Used as leverage. Other Realtors® may use this home to sell against homes that are better priced. – It happens all the time!
- Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”
- Lower price. An overpriced home, still on the market beyond the average selling time, could lead a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you’ll probably get less than if it had been properly priced at the start. The home becomes “shop worn”
- Wasted time and energy. A bank appraisal is most often required to finance a home. If a buyer can not get a loan, then the buyer can not buy. A smart cash buyer most always adds a stipulation to the purchase contract that the home must appraise for at least the purchase price. So it has to appraise. Period!
Realtors® have known it for years – Well-kept homes, properly priced in the beginning, with strong marketing, always get you the fast sale for the best price! And that’s why you need a professional to assist you in the selling of your home.
We will be happy to meet with you, tour your home and create a FREE professional analysis of your current market value.
No Obligation!
