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4 Common Pricing Mistakes To Avoid When Selling Your Home
4 Common Pricing Mistakes To Avoid When Selling Your Home
Pricing is the number one reason homes don’t sell or sit on the market for months and become stale inventory. Every seller wants to get top dollar for their home and with the right plan in place that’s very achievable. However, there are pricing mistakes sellers have to avoid in order to achieve the top dollar goal.
 
Pricing Your Home Too High – this is the most common mistake we see. Homes that are priced too high will be passed over by buyers. You might get showings but, if offers don’t follow there’s a problem. Buyers and their agents know the comparable sales and if your home is priced well beyond where other homes have sold in the area they’re not going to want to buy your home. Think of your home as a loaf of bread, would you pay top dollar for stale bread? Most likely not. As your home continues to sit on the market it becomes less and less appealing.
 

 
Not Basing Your Price on Comparable Sales – a home can be priced for sale at any price you’d like but, that doesn’t meant it will sell at that price. Your ... more

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