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Find Your Home’s Best Selling Price

Statistics show that the best opportunity to sell your home is often within the first few weeks of its marketing.

 

This can be good news, or bad, depending on your motivation. Some homes immediately sell, while others languish on the market for months without a single offer.

To maximize your selling potential, it is critical that your home be priced right at the outset. But, what is the right price? Many factors will determine your home’s best asking price. The current real estate market will be a driving force in that answer. Using sound judgment, research, and experience, a valued agent can help you determine the right price for your home. They should help you evaluate your location, the recent sold data, current market trends, and your home’s special features that set it apart from the competition.  Just be sure to weigh all factors when pricing your home.

Chart of Home Pricing Results“What’s wrong with pricing my home a little high?” Price your home too high and many buyers won’t even bother looking at it. Overpriced homes tend to sell the competition first. This scares away many qualified buyers simply because they can go elsewhere and get more house for the money. Then, as your house sits on the market, people will shy away from it thinking there must be something wrong with the home.

Should I under-price my home? Price it too low and you could lose thousands of dollars. There are times when this strategy will attract multiple bidders making multiple offers, but this is path to pricing is generally recommended when you need a faster-than-average sale.

In most circumstances, pricing your home correctly from the very beginning will net you the best results in both time and money. To find out your home’s perfect selling price, contact us for a No Obligation Market Analysis. We will take the guesswork out the entire process and suggest an accurate and effective market price for your home designed to produce the highest possible price in a reasonable amount of time. It has never been easier!