The Price Is Right To Sell

The Price Is Right To Sell

When preparing to sell your home, pricing it right makes the difference. There are times sellers choose to price their home on such things like, the price they paid,  current mortgage balance, or on the amount of  profit they  seek to purchase another property and sometimes to retire. 

5 Smart Tips to price your home right


1. Bidding War

Buyers love competition they don't want to be the only one interested in your home. Pricing your property on the lower end could stimulate more buyers and cause a bidding war. If you really need to sell you home quickly this may be an option.


2. Home Price made Easy

When buyers are looking for homes on the market the agent set up their search criteria. If they are looking for a home lets say 400k and below, the agent may set up a search for homes 400k and under but your home is listed for 405k you potentially miss ton of buyers in this range. Because this scenario happens most often, smart agents will include a search criteria of properties a little above the buyers price range. Knowing that home prices are flexible and can be negotiated. 

3. Fair Asking Price

If the value of your home is between 400k and 500k avoid an asking price like 457,666, Such an odd figure can draw negative attention and cause the buyer to question the seller agenda for selling the home. The end goal is to have a reasonable asking price.

4. Plan to Price

As a seller you want top dollar for your property. As an agent, I like to ensure my seller home sellers for top dollar. However, before my seller puts their home on the market, we go over a contingency plan. If  their home don't sell for price A would they sell there home for price B or C. This helps set up the right expectations in my sellers mind. I like to avoid any unpleasantness when offers are being brought to the table. 

5. Always communicate with your agent

The ultimate goal is for you to walk away with money in your pocket. Always be open to discuss the right pricing strategy with your agent. There's a lot that goes into selling and buying a home. The market is forever changing, remain flexible and always be willing to change when the market changes. 



Karol Alvarenga Headshot
Author:
Phone: 321-201-5318
Dated: July 8th 2016
Views: 317
About Karol: Check out my Website: http://karol.exitrealtych.com ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

JUST SOLD 131 BLOOMINGDALE DRIVE DAVENPORT FL 33897 - SOLD!!!  Congratulations to
Have You Outgrown Your Starter Home - Have You Outgrown Your Starter?
Modern Design Vacation Home In Four Corners - Are you looking for a vacation
CLOSED TODAY BEAUTIFUL 5 BEDROOM HOME ON HIGHLANDS RESERVE IN DAVENPORT - So happy to advise that as from 12

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL
863-292-6217
321-445-5568