Pricing Right For Todays Market

Pricing Right For Todays Market

Why is it important to price your home correctly from the start.


Here are 4 reasons that one must price a home correctly from day one of the listing.

1.  Time

  • Chances are that your home will ultimately sell at its fair market value.  pricing it properly at the onset simply increases the likelihood of a timely sale and less inconvenience and better return.

2.  Competition

  • Know your competition, we at the Rodgers Team offer to show you homes that you are competing against.  Buyers educate themselves by viewing many properties and they will always look at a range of homes priced competitively. If you are not competitive in value with similar homes in your area, chances are you may not sell.

3.  Reputation

  • Overpricing causes most homes to remain on the market too long.  Buyers and agents become aware of the long exposure period, many times buyers are hesitant to make an offer because they fear something is wrong with the property.  Clean and well-prepared homes that are on the market for a long period of time usually sell for less than fair market value.

4.  Inconvenience

  • If overpricing keeps your home from selling you may end up selling for considerably less money.  Statistics show that the most showing activity on a home is generated in the first five weeks of the listing period.


Keep in mind if the buyer is financing his purchase, your home must appraise.


Sharon Rodgers Headshot
Author:
Phone: 480-420-6657
Dated: November 30th 2015
Views: 218
About Sharon: ...

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