One of the biggest questions any seller has is; "How long will it take to sell my house?" There is so much is tied into the answer. Like when to put an offer on another house and how soon you might be moving? Pricing your Smith Mountain Lake home right is the first step in a fast sell.
The Power of Price
In the current market, there are homes that are snatched up in less than 30 days and others that linger on the market for months. Two houses may even be comparable in size, features and updates but one home is priced $5000 less than the other. Of course the home with the lower listing price will stand out from the rest, but it may also include a larger buyer pool than the more expensive home.
Finding the perfect price for your home can be done! Your realtor can help you find comparable homes that have recently sold in your area. Then they can review current home prices and market trends specific to your neighborhood. Armed with this information, you can come up with the best possible price for your home.
While the best price doesn't guarantee a quick sale, it sure helps! Knowing what to set the price out is very important in special circumstances like short sales. You want the price to be low enough that the house doesn't stay on the market long, but it must be high enough that the lender will approve the transaction. Helping you find the perfect price is just one area where having a realtor can make all the difference!
If you are ready to sell your Smith Mountain Lake home, call Vicki Millehan. You can use her free online Market Analysis to see what your home may be worth. She can also help sell your current home so you can buy that luxury lakefront home you have been longing for! If you haven't had a chance to check out life of the lake, come for a visit, if you like it then move here!!