Home Selling – Choosing the Right List Price for Your Home

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Choosing the Right List Price for Your Home

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Choosing The Wrong List Price
Can Affect Your Bottom Line

When you’re selling your home, the initial price
you set is a critical factor in the return you’ll
receive.  
That’s why you need a professional home
evaluation from an experienced REALTOR®.

We will provide you with a FREE Comparative
Market Analysis 
and an honest assessment of your
home’s value based on several factors, including:

[ol style=”13″] [li]Current Market Conditions[/li] [li]Analysis of the Condition of Your Home.[/li] [li]Recommended Repairs or Improvements.[/li] [li]Realistic Time Frame for Selling.[/li] [/ol] [/outerOneHalf] [outerOneHalfLast] [/outerOneHalfLast] [spacer height=”25″ mobile_hide=”true”] [outerOneHalf][/outerOneHalf] [outerOneHalfLast]In real estate terms, market value is the price at
which a particular home, townhome or condominium,
in its current condition, will sell within 30 to 90 days
of listing. If the list price of your home is too high,
several things can happen:

[ul style=”4″] [li]LIMITS BUYER INTEREST. Potential buyers may
not view your home because it would be out of
their price range or they don’t think you would
be willing to come down to the market value.[/li] [li]LIMITS SHOWINGS. Buyer’s Agents may be
reluctant to view your home.[/li] [li]USED AS LEVERAGE. The fact that your home
is overpriced may by used by other Listing
Agents to help sell their homes more quickly.[/li] [/ul]
[/outerOneHalfLast] [spacer height=”25″ mobile_hide=”true”] [outerOneHalf] [ul style=”4″] [li]EXTENDED STAY ON THE MARKET. When a home
is on the market too long, it may be perceived by
Buyers as undesirable or somehow defective.
Buyers may wonder, “what’s wrong,” or “why
hasn’t this sold?”[/li] [li]LOWER SALES PRICE. An overpriced home, still on
the market beyond the average selling time, could
lead to a lower selling price. To sell it, you will have
to reduce the price, sometimes several times. In the
end, you will probably receive less for it than if it had
been properly priced at the start.[/li] [li]YOUR PROPERTY MAY NOT APPRAISE resulting
in wasted time and energy. A bank appraisal
is required to finance a home.[/li] [/ul] [/outerOneHalf] [outerOneHalfLast][/outerOneHalfLast] [spacer height=”25″ mobile_hide=”true”] [fullWidth]REALTORS® have known it for years…a well-maintained home, townhome or condo that is properly
priced from the start will bring the fastest sale at the best price! That’s why you should have a
professional assist you with the selling of your home. Drop us an email or give us a call; we are here
to help you achieving your goals.
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By | 2017-10-09T17:08:42+00:00 March 23, 2013|Uncategorized|1 Comment

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  1. The Mark Fisher Home Team » Find the Home Loan that Meets Your Needs April 6, 2013 at 4:36 PM

    […] Choosing the Wrong List Price Can Affect Your Bottom Line – When you’re selling your home, the initial price you set is a critical factor in the return you’ll receive.  That’s why you need…  Read More […]

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