Pricing your home is both an art and a science. Achieving the optimal price for a home is the result of both objective research into comparable properties and an experienced agent's grasp of the current market and the buyers maneuvering within it.
The right price should:
The simple fact is, price is the number one factor that most homebuyers use to determine which homes they want to view. It's the basic starting point of all buyers' home searches. And it's important to remember that value of your home is determined by what a buyer is willing to pay for it.
Overpricing is a common mistake that can cost you BIG in the end. Don't let your feelings get in the way of a successful home sale.
The Importance of Proper Pricing
What really matters is how your home stacks up against the others currently offered for sale and recently sold in your neighborhood. Remember, buyers will be comparing. And once you've lost their attention, you've lost it for GOOD!.
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Dangers of Overpricing
Give us a call today, and we'd be happy to discuss proper pricing for your home in today's market conditions. We are always happy to provide a comprehensive market analysis and make pricing recommendations. And if you're interviewing multiple agents, it's a good idea to remember that real estate agents have NO control over the market. They only control their marketing plan. And even the best marketing plan cannot compensate for a home that's priced higher than buyers are willing to pay. Which is why you should never select an agent based on price. There's no benefit in hiring an agent who tells you what you want to hear, but never sells your home. Hire an agent who will provide an HONEST assessment of your home value, a REAL idea of the timeframe you can expect for a sale, and a reputation for actually getting their customers' homes SOLD.