Monday, November 23, 2015

How Do I Price My Home?

Pricing your home right is a critical aspect of selling. No one wants to undervalue their home, but overpricing it can be just as costly. You could miss out on buyers who are ready to make an offer, resulting in longer days on market and potentially needing to do multiple price drops before finding a buyer. Price drops are often necessary in the real estate world, but too many can make you appear desperate to sell, which impacts your leverage during contract negotiations. This article does a great job of explaining this in greater detail, and how to watch out for realtors who over promise on price just to secure your business, only to reduce the sale price down the road, impacting YOUR bottom line. Want an honest and thorough assessment of your home's value? I'm happy to talk with you anytime!


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