There are three key things to consider when pricing your home today.
How can you price a home correctly in today’s shifting market? That is the big question right now. Here are some things to consider when pricing your home in today’s correcting market:
1. Don’t be too sentimental. Many of the things that you’ve done to your house, which you value, may not translate into a dollar-for-dollar increase in the sales price. Buyers will be comparing your home to others. What they value may be different than what you value, and the price may change accordingly.
“We help you come up with a price that works for you and the market.”
2. Don’t overprice your home. Today’s buyers and their agents and appraisers are more informed than ever. By testing the market, you’re essentially saying that you’re trying to test their intelligence, and we know from experience that it doesn’t work. Your home will just become stale on the market, and you’ll end up reducing the price and selling for less than what you would have if you priced it correctly from the beginning.
3. Compare to other home sales. This is something that we can help you with. We can show you similar homes that sold. You’ll see the sales price and the terms; they can seriously impact the marketability of your house. We compile that information and help come up with a price that works for you and the market.
If you want more information about your house’s market value or if you have any other questions, contact us by phone or email. We’d love to help you!
