Want To Sell Your House? Price It Right.

Price the home right from the start to sell your home efficiently.  Last year, the housing market slowed down in response to higher mortgage rates, which impacted home prices. If you’re considering selling your house soon, you’ll want to adjust your expectations accordingly. As realtor.com explains:

“. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.”

In a more moderate market, how you value your house will make a big difference not only to your bottom line but to how quickly your house could sell. And the reality is homes priced right are still selling in today’s market.

Why Pricing Your House Appropriately Matters

Especially today, your home valuation assessment sends a message to potential buyers.

If the asking price is too low, you may leave money on the table or discourage buyers who see a lower-than-expected price tag and wonder if that means something is wrong with the home.

If the asking price is too high, you risk deterring buyers. When that happens, you may have to lower the listing to reignite interest in your house when it sits on the market for a while. But be aware that some buyers see a listing drop as a red flag.  Some buyers will wonder what the listing drop means about the home.

Evaluate It Right from the Start

To avoid either headache, price it right from the start. A real estate professional knows how to determine that ideal asking price. They balance the value of homes in your neighborhood, current market trends, buyer demand, the condition of your house, and more to find the right price. This helps lead to more substantial offers and a greater likelihood your house will sell quickly.

The visual below helps summarize the impact your asking price can have:

Key Takeaway

Homes that are priced at current market value are still selling. Let’s connect to ensure you value your house appropriately, maximize your sales potential, and minimize hassle.