When selling your home, staging and appearance are important. You have de-cluttered the house, hid the pets and hired a staging firm to create the perfect appearance. But before the buyers enter the home, they will inquire about the cost. Pricing your home is the first and possibly most important step to attracting potential buyers.
Pricing is part science, part magic. Objectively evaluating your home can be difficult. I have provided the What’s My Home Worth tool to help you gain a better understanding of your home’s worth. The tool takes your information and extrapolates what buyers have paid for comparable homes in your neighborhood, helping you determine how much your home is worth and what you can expect to net from the sale of your home.
Visit the WHAT’S MY HOME WORTH page designed to establish your true current market value.
Here are some additional facts to consider:
- To reach maximum exposure the price must be competitive with similar properties.
- A buyer will typically look in their pre-determined price range. Pricing your home too high will only hurt your chances of exposure to qualified buyers.
- If your plan is to adjust your price at the time of sale, you are not putting yourself in a favorable position. If you adjust your price now, your chances of attracting serious buyers will only grow.
- Receiving a reasonable offer on an overpriced property is unlikely. The buyer will most often make an offer that is very low, if an offer is made at all.
- Do not think that you will receive more for the property by asking more. Chances are that you will be offered much less as the exposure to it will be less.
- By pricing your home reasonably, you invite the possibility of receiving multiple offers, as more buyers will see it.
For additional information, visit my Pricing Your Home To Sell page!