Do I Want To Sell? OR Do I Need To Sell?
These 2 questions will probably determine whether your home will sell or not. All too often people that want to sell price their property above market value, this is a grand mistake because you will be competing with sellers who "need to sell" and have priced their property at (or below) market value. I am not recommending that sellers give their property away by pricing it too low, but I do recommend that they price their property at market value. Buyers determine home values by comparison shopping. They look at the price of your home based on its features and benefits, then compare it with the features and benfits of similar homes that have recently sold or currently on the market. I am actually seeing properties in Pasadena receive multiple offers in this real estate market. Some have received over 10 offers. Why? Because these certain properties are priced at market value or they have more features and benefits than their competing homes for sale at the same price.
When it comes to pricing your property, listen to your agent. We are the pros. We are the ones that study homes and prices everyday. A good agent will set a price for your property that will cause it to sell in the shortest time.
Have any real estate questions, needs or concerns? Please don't hesitate to contact me.
Steven Galindo
Keller Williams Realty
866-211-8682
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