Avoid These Mistakes When Pricing Your Home
Sell Fast and For Top Dollar
Your house is probably the biggest investment you have made in your life thus far. That is why you, like most people try to stay on top of your local housing market to keep an eye on the value of your home. So when home sellers decide the sell, the first question most likely will be "how much can I sell my house for?". When the time comes to sell the home, setting the price can be the most important decision a home seller makes. The price is typically the main search criteria along with the size, location, etc. Potential home buyers set a price range and typically limit their search to that specific criteria. If a potential buyer views the home as being inappropriately priced, that can often be the discard needed before even viewing the home.
The initial price of the home is often the first impression of the home. If home sellers want to receive top dollar for their home and sell as quick as possible, the first rule to remember is to ALWAYS MAKE A SPECTACULAR FIRST IMPRESSION. This may sound like common sense, but when selling your biggest investment of your life, you must treat the property as so. Cleanliness, standard of living, and landscaping, must directly reflect the price.
Pricing the home too low can be just as costly as pricing the home too high. Take a look at the recent home sales in the neighborhood. Comparable houses in the same zip code, school district, etc. However, this alone is not enough to properly price the home. Deciding on the price you want, and need is important to whether one decides to sell the home. Deciding on the amount of time that the home must sell is a major factor. In Orange County, it is believed that over 50% of homes on the market are 5-10% over priced, and are typically on the market over 6 months. Do you have time to wait?
If you are a potential home seller, explore your options, keep up to date with the current housing market. Find a real estate agent that is invested in you and getting top dollar for your home in the proper amount of time. Pricing too low can be just as costly as pricing too high.
For a FREE NO OBLIGATION consultation of your homes value. Call Kevin Simshauser and his team.
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