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Why Pricing Is Very Important?

pricing your propertyThe first and biggest consideration in selling a home is always the selling price. And it’s a tricky subject to address because emotions inevitably and understandably play a large role. It’s only natural – as anyone wants to feel that their home is valued as highly as possible. And that is exactly our job. To ensure that you get full value for your home.

Once you’ve achieved a realistic sales price, you can count on your property being professionally marketed and promoted to bring more buyers to your door. You can also expect to sell your home for the best possible price in the least amount of time.

The Benefits of Pricing Right

  1. Your property sells faster because it is exposed to more qualified buyers.
  2. Your home doesn’t lose its “marketability.”
  3. The closer to market value, the higher the offers.
  4. A well-priced property can generate competing offers.
  5. Real Estate Professionals will be enthusiastic about presenting your property to buyers.

Find Out What Your Home Is Worth

For a current market analysis of your home please feel free to take advantage of a free home evaluation.

Overpricing your Home

Many sellers believe that if they price their home high initially, they can lower it later.Often, when a home is priced too high, it experiences little activity. Gradually the price will come down to market value, but by that time it’s been for sale too long and some buyers will be wary and reject the property. On occasion, the price is dropped below the market value because the seller runs out of time. The property sells for less than it’s worth.

Missing The Right Buyer

You may think that interested buyers “can always make an offer,” but if the home is overpriced, potential buyers looking in a lower price range will never see it.

Those who can afford a home at your asking price will soon recognize that they can get a better value elsewhere.

Early Activity

As soon as a home comes on the market, there is a flurry of activity surrounding it. This is a crucial time when Real Estate Professionals and potential buyers sit up and take notice.

If the home is overpriced, it doesn’t take long for interested parties to lose interest. By the time the price drops, a majority of buyers are lost