The Key to Pricing Your Home Right
The key to pricing your home appropriately is working with an expert agent who knows our market.
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When listing your home, it’s important that you price it appropriately for what you’re delivering to the market.
When I talk to sellers whose homes fail to sell, I'm always curious how the listing price was determined. When I hear an agent asked the seller where they wanted to price it, I wonder why that wasn't a huge red flag. Pricing your home correctly is imperative to getting it sold and I believe that is one of the most important reasons you hire a Realtor. Overpricing it, for instance, could lead to you selling it for less than what you would have if you had priced it correctly from the beginning.
The condition of your property, the location, and what you are competing with all play into your price. The lesser known factor in determining where you should price your home is taking into account how people search for homes today. Make sure you work with an expert agent who can give you the appropriate price for your home based on the current market. Keep in mind, though, that markets shift and prices change. The price I give your home in February, before you have too much competition, will likely be different from the price I would give you in April when the inventory levels have increased.
If you have any other questions about pricing your home or you have any other real estate needs, don’t hesitate to reach out to me. I’d be happy to help you.