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Pricing a Home to Sell

The single most important factor to consider when selling a house is pricing the house correctly; it's picking the absolute right price tag: how much your house is worth, pricing the house to sell. You don't want to overprice the house because you will lose the freshness of the home's appeal after the first two to three weeks of showings. 

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Pricing a Home to Sell

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  1. Pricing a Home to Sell Pricing a Home to Sell Slope Style Realty Christy Wilkey & Caroline Krumel

  2. The single most important factor to consider when selling a house is pricing the house correctly; it's picking the absolute right price tag: how much your house is worth, pricing the house to sell. You don't want to overprice the house because you will lose the freshness of the home's appeal after the first two to three weeks of showings.  When selling your home, attractive pricing and packaging are arguably the two most basic essentials. In our current real estate market, the buyers have a lot of choices. In many areas, the shelves are simply overstocked. And since no two homes are the same, making that distinction between your home and the dozens of others is key. Where pricing is concerned, establishing that all important asking price is part science and part art, and there are several things you should consider.

  3. 1. Be Objective Many homeowners want to set their list price based on what they paid for their home, the balance of their mortgage, or on the profit they want to make so they can move into another home. In reality, your home is worth only what the market will bear. 2. Price is King Pricing realistically will allow more potential buyers to see the property whereas pricing incorrectly can cause a home to languish on the market. Ultimately, listen carefully to your agent’s pricing strategy. It’s their job to know what works and doesn’t. And as with any strategy, be prepared to have an ongoing discussion about pricing with your real estate agent.

  4. 3. Know the Context A knowledgeable Realtor can help you factor in the context of your local market conditions, including whether home prices are rising or falling and whether it's a buyer's or seller's market. By having everything on the table from the get-go, we’ll have a plan B should the first plan fail. This saves time and helps set the appropriate expectations in the seller’s mind, so there are no unpleasant surprises down the road. 4. Analyze the Market A Realtor can provide a comparative market analysis, explanation of how your home should be priced and help you estimate who might want to buy your house. First impressions are everything when selling your home. Studies have shown that the first two weeks on the market are the most crucial to your success. During these initial days, your home will be exposed to all active buyers. If your price is perceived as too high, you will quickly lose this initial audience and find yourself relying only on the trickle of new buyers entering the market each day. Markets are dynamic, and your price has an expiration date. You have one chance to grab attention. Make sure your pricing helps you stand out on the shelf -- in a positive way.

  5. For more Details Contact Us Now! A knowledgeable Realtor can help you factor in the context of your local market conditions, including whether home prices are rising or falling and whether it's a buyer's or seller's market. By having everything on the table from the get-go, we’ll have a plan B should the first plan fail. This saves time and helps set the appropriate expectations in the seller’s mind, so there are no unpleasant surprises down the road. Visit our Website Visit our Website http://www.slopestylerealty.com

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