If you are thinking of selling a home please read this first! It could save you a lot of Money, Time and Other Opportunity Costs.
When you, a seller are about to sell a home, whether you are going to make a go of it on your own or hire an expert, a real estate agent to handle this endeavor, it is easy to get caught up in the excitement over choosing a sales price. Perhaps a higher sales price could afford you, the seller many financial opportunities and rewards. You, the Seller may decided to come up with a sales price based solely on the desires of your heart. As Tempting as that may be, you need to avoid this like a plaque. Instead, you should become well informed and work with a well informed expert who understands the market and its forces. Ths will save you a lot of money and lost time.
Unfortunately, this first scenario is played out over and over again with sellers. As a result the opportunity costs are great and the outcome for the seller is far from what is desired. When pricing a home, it is very important to remember that what we think or what anyone uninformed may think does not matter in pricing that home. What matters is what a buyer thinks. In todays market buyers are very informed and will not be moved in purchasing a home that is overpriced according to the market. That buyer will simply move on to something else that is priced more in line with what market forces are dictating.
Pricing a home is sort of a Science. In its simplest form, the Market price is set by what a buyer is willing to pay and a seller is willing to accept. This transaction done many times over make up the market.
Price it right from the very beginning and save yourself the time and money that it will cost you in making this huge mistake. Remember a house priced correctly will sell.
Visit me at www.dorethacaldwell.homesandland.com If you have any questions about pricing your home right from the start you may also contact me at (910)286-9396.
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