Is Your Scottsdale Home Overpriced?

Testing the market with a higher asking price in Scottsdale Az. is definitely not a good idea. Why? Because you are most likely going to lose money instead of making it. And this is not all, there are a few important other reasons. Let’s clarify some of the misunderstandings concerning this topic. In fact, this is probably one of the most common mistakes among some Scottsdale home sellers.

Here’s one certainty: you need professional support, you need Jeff Fisher.  You may have a vague opinion on the value of your property, but you cannot know for sure if you don’t request the opinion of a Realtor.

Reasons not to get your home overpriced! Selling your Scottsdale home is probably one of the largest sales you will ever make. Therefore, going by the book is essential and setting the price of your property should be attentively balanced. There is always a chance for you to score big here, but as you can guess it all depends on your asking price.

Here are some of the reasons you should not set the asking price too high:

• Do you want to sell it fast? Don’t overprice it! One of the first hints that should pop-up in your mind when you seem to have trouble selling your house is the time. Has your property been on the market for a long period of time? Haven’t you got any serious offers? Then, you definitely have a pricing problem! Think about the price in correlation with your location, amenities, facilities and the actual condition of the property! Study other similar properties in your area, what they offer and their asking price too. This way you and your Realtor, Jeff Fisher can make a joint decision.

• It can be perceived negatively. The more time a Scottsdale home for sale stays on the market, the more people will believe there is something wrong with it. The first thoughts – the property has a problem, it is priced too high, the seller isn’t serious, and guess what? This can have a dramatic overall effect on the sale of your Scottsdale home. As every home seller wants to make a profit, there is always a tendency to overprice it. So, try not to cross that line too!

• Marketing problems You are probably familiar with that statement: ‘Every Scottsdale home search begins online’. As a result, your home price has something to say about this too. Otherwise said if you overprice it, there are huge chances fewer people will actually get to see your listing online. Why? Due to filters. No one wants to waste their time looking at listings they clearly don’t afford, so usually, we filter the listings we are going to see online.

All in all, minimize the risks in having your home overpriced: look for an experienced agent, Jeff Fisher. Perhaps get your home appraised, go to neighborhood Open Houses, study your market. There are a variety of solutions as you can use. You just have to spot your mistake and correct it immediately.

The beginning is always difficult, but it is also the most important! Start your research on www.arizonasrealty.com or call Jeff Fisher at 602-531-0435.