When you invite a realtor into your home to do a market analysis, she gathers information concerning your property from many sources and several factors are taken into consideration before providing you with a price. To market your house effectively, the most effective price point must be determined to attract the most qualified Buyers.
Once the price has been established there are several other factors that need to be put in place to ensure that your house themost attractive one in the area i.e. staging, virtual tours, professional photographer, etc.
Its a beauty contest with a dollar value attached to it. Location, condition and price will sell your home. By overpricing your home by as little as 5% can tip the possibility scale to a no. Today's Buyers are very savy and know the product before even seeing it. You need to keep the prospective Buyers interested enough to book a showing.
If your home is not the best product on the market, weeks and even months can go by without a serious offer and the property becomes stale. So, you can see, a house priced effectively is very important if you want to get the most equity from your home.
Don't let your investment be the one left behind due to poor pricing. Don't be mislead by the idea that I'll list it higher and then come down - you've already missed the boat! For more information www.irenebilinski.com
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