Sellers Its Risky Pricing High To See What Happens

Dated: 02/12/2018

Views: 23

Image title


Every seller wants to get the best deal for their house—especially when you consider that as much as $500,000 in profit can be earned tax-free. So why not just price your house to the moon? After all, you can just bring it down later, right?

Well, there are a few problems with that. If you price high and then slowly start bringing it down…and down…and down…buyers are going to notice. It makes that home start to seem like it’s in a bargain bin. You want your home to appear like a deal, not cheapened goods. When it sits on the market for an extended time because of overpricing, buyers are going to wonder why. Would you feel urgency as a buyer if you read that a property was listed 180 days ago? Probably not.

To set a realistic price, consider these tips:

  • Do your due diligence. What have houses like yours sold for when the deal was made in a reasonable time? And what were the original prices of those homes?

  • Have an honest discussion with your real estate agent. He or she knows the area, and wants to sell your home as quickly as possible for the most competitive price. What does he or she think is reasonable?

  • Be an assertive seller, but don’t overplay your hand. Remember, the little extra money you hold out for may not be worth the six months or year of mortgage payments you’re stuck paying in the meantime!

Call me I can help you price your home to sell.  (210) 381-6243

Want to Advertise on this Site?

Latest Blog Posts

Thinking Of Selling Your Home Why You Need A Pro In Your Corner

Thinking of Selling Your Home? Why You Need A Pro in Your Corner With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their

Read More

Why A Pre Approval Is Crucial To Your Home Search

When you’re ready to find a home, the last thing you want to do is limit your possibilities. Dream big, right?But you’d be totally bummed if you found a perfect pad, only to learn you don’t

Read More

4 Things Only A Realtor Knows About Real Estate That The Internet Does Not

                                                       

Read More

NEWLY LISTED IN FOREST OF FRIENDSWOOD

Keep your cool in the pool at your next home in The Forest of Friendswood! This beautiful 2-story has 4 bedrooms and 3.5 baths, and is set on a beautiful lot with mature trees, has easy access to

Read More