“Your Richmond home sold HOW fast? You must have priced it too low.”
I don't know how many times I have heard that statement, but it always amazes me. We recently had a home for sale and after roughly 10 showings within the first two days, we received two offers during that time period. Now, the one offer was rather low and they probably would have come up in their offering but they never got a chance because... the other offer...well, it was a FANTASTIC offer. It came in exactly where the comparables were showing it would. In addition to the monetary value being spot on, it was a very "clean" offer with the only contingency being the traditional home inspection. Everything went smoothly and we closed one month later. Certainly it was a happy ending for all parties involved.
Was the home priced too low? Absolutely NOT! It was priced JUST RIGHT. If the home was truly priced too low, a conceivable scenario could have been multiple offers ending up in a bidding war. What really happened was when price met condition, the best outcome prevailed - a Sold home.
As famously quoted, "Success is where preparation meets opportunity." Sellers need to be prepared by selecting a knowledgeable Realtor who can help them set the correct price and direct them on how to make the condition of their home the best it can possibly be. If a seller does these things, they won't have to wait long for Mr. Opportunity to come knocking!
Thinking about putting your home in the Henrico County real estate or surrounding Richmond real estate market this spring? Need some advice on pricing your Richmond home? Contact me, Shannon Milligan, at Home Sweet Henrico with Keller Williams Realty Richmond West TODAY so we can get started on your preparation for success!
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