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Pricing Your Home

Pricing your home to sell.

Price your home in a more competitive and strategic way. Achieving the optimal price is the result of both objective research into comparable properties and how your property is more competitive to the current market. Price is the number one factor that most homebuyers consider when deciding which homes they want to buy. You can set your price but the value of the home is determined by the buyer. Always consider better judgment because overpricing is a common mistake that costs you in the end. Your price should be: -Engaging to buyers. -Makes you earn the most money possible. -Help you to sell as quickly as possible.

Importance of Proper Pricing

What is really important is that your price is competitively enough to the current offered for sale or sold in your neighborhood because homebuyers will compare. Factors of Proper Pricing: -Increases Realtors® response -Faster sales and less convenience -Exposure to more buyers -Generates more advertising/sign calls -Attract high offers -Means more money to seller -Avoid being “shop worn”

Overpricing your home

When you set your price on your home was too high, it will now show up in the search results. Buyers who may otherwise have been interested in your home will never see it listed online. Another thing is you will attract the wrong buyer by overpricing your home. -Your home will not attract buyers. -Your home will stay on the market too long. -You will have the problem with the appraisal. -Your home won’t sell. So the bottom line is, if you overprice, then you probably won’t sell your home. That is why it is so important to work with a real estate professional who is an expert in your local market. By partnering with a knowledgeable agent, you can feel comfortable that they will price your home based on the current market conditions.

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