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Pricing for you home

By
Real Estate Agent with Keller Williams

castle Somewhere in between Shack

 

As a buyer's agent I understand how the public looks at a home and what they say about it behind the closed doors. So when considering pricing your home take the below information as a gage, yes some homes differ but most buyers don't basically they don't want to feel like the seller is taking advantage of them and they want to feel like they are getting a deal.  So understand when pricing and try to offer some perks when possible the buyer is just like you they want to either have shelter or some equity.  Try to understand

 

The Right Selling Price Affects Your Bottom Line

When you're selling your home, the price you set is a critical factor in the return you'll receive. That's why you need a professional evaluation from Sandy Schweiger a experienced realtor. She can provide you with an honest assessment of your home, based on several factors including:

  • Market conditions
  • Condition of your home
  • Repairs or improvements
  • Time frame

In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days.

If the price of your home is too high, several things could happen:

  • Limits buyers. Potential buyers may not view your home, because it would be out of their buying range.
  •  Limits showings. Other salespeople may be less reluctant to view your home.
  • Used as leverage. Other realtors may use this home to sell against homes that are better priced.
  • Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, "what's wrong," or "why hasn't this sold?"
  • Lower price. An overpriced home, still on the market beyond the average selling time, could lead a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you'll probably get less than if it had been properly priced at the start.
  • Wasted time and energy. A bank appraisal is most often required to finance a home.

 

Realtors have known it for years - Well-kept homes, properly priced in the beginning always get you the fast sale for the best price! And that's why you need a professional to assist you in the selling of your home.

 

 

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Sandra Schweiger

 

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Comments(1)

Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

Hi Sandy;

If a home is priced right it will get more activities, and get more offers. Great Post!

Apr 15, 2009 06:34 AM