Preparing to sell your home takes some planning and expert advice, especially when it comes to setting the price.

You'll find everyone becomes an expert and wants to offer their opinion on the price...neighbors, family, co-workers, etc.  And...while all of these individuals have good intentions and only want to help, it is crucial that you take into account all factors involved:  market conditions, similar style homes that have sold in your area, your homes currently on the market, is it a buyer's market or seller's market, condition of your home, how fast homes are selling, terms and incentives, etc.

Avoid testing the market!  Set a realistic price based on the facts involved.  Pricing too high will only help sell competing homes in the area and you'll lose your initial rush of good qualified potential buyers.  The longer a home stays on the market, the lower the offers and less negotiating power there will be for you. 

How much you paid for the home and how much you want to profit, are important to you, these factors do not affect the market value of your home and what Buyer's are willing to pay. 

 

For a personal pricing consultation, give us a call at 614-755-9566.  You can also visit us on-line at www.sellyourhomecolumbus.com for helpful information.

Related Articles:

* The Right Selling Price Affects Your Bottom Line

* Common Selling Mistakes

 

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If you're considering buying or selling a home in the Columbus, Ohio or surrounding areas, call me at 614-755-9566You can also visit me on-line at www.buyahomecolumbus.com


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5 Comments on Your Asking Price might be Selling the House Down the Street

NOV
05

I love to read a great post like this one. Thanks for making it RAIN!!!

7:29am • #1

Your title says it all and this is a must read for all sellers who want to "test the market"!

7:32am • #2
162,550 Points 1 Featured Post Localism Sponsor Outside Blog Hit Router

Very good post.  So many agents out there buy a listing and just list their home way to high.  So they help us sell our listings that are realistically priced. 

7:34am • #3
388,626 Points 9 Featured Posts Outside Blog

Excellent.  Short and sweet.

7:36am • #4
NOV
06
103,025 Points

So true if only people would listen, I wonder why is that. I can explain pricing and they list with the higher agent and then I see it sell for close to what I suggested.

10:46am • #5

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Jody Deeds (614)755-9566 of Central Ohio / www.jodydeeds.com

Columbus, OH

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