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Thursday, January 4, 2018

Pricing Your Home To Sell!!

You want to sell your home fast but you want to get the best possible price.  The best thing you can do to accomplish your goal is to hire an experienced realtor in your area, look closely at the comparable sales and price your home accordingly.

On the day before New Years Eve I put a home on the market.  We did good research and spruced it up for sale.  The weather was unusually cold and it was during the holidays so it was a weird time for a house sale.  However, with the appropriate price, a little decorating to sell, and professional photography, within 24 hours we had 10 showings and 3 offers.  The home sold for full price to the offer with the best terms for my seller.

Below in the photo you will see the history for a home that was listed in 2016.  It had been on the market for 375 days before it went contingent.  The price was reduced 8 times before a buyer came along.  This home may have brought a lower price just because it had been on the market a long time and had multiple price reductions.  Even though you as a seller may think you want to try it a little higher to start....that is when there are people in the market looking for a home like yours.  If those buyers think your home is too high they will opt for another home.  Once those buyers have purchased another home you may find yourself needing to reduce the price to appeal to more purchasers.

For highest and best price, price it right to start.  Don't opt to "try it a little high" in the beginning.  You will lose your best prospects in the beginning and it will stay on the market too long therefore bringing a lower price.
Check out these homes for sale in Hampton Cove.

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