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Pricing your home correctly in this market is the key to getting top dollar.
There’s a myth that the best strategy when selling is to price a home high and leave room for negotiation. Simply put, that’s the worst thing you can do.
In order to price your home correctly and really take advantage of the market, we need to find your X-factor. Looking at what homes around your neighborhood sold for is a good starting point, but we need to dig a bit deeper.
The worst thing you can do is price your home too high.
For that, you’ll need an agent who is in the know to go over a market analysis with you. We’ll take a look at what improvements you’ve made or need to make in order to make your home more marketable and we’ll figure out the best list price for your home.
If there are not many comparable homes in your area or if you have a unique home, it might be a good idea to get an appraisal done.
Selling for top dollar and pricing correctly comes down to what we call the Three Cs: competition, consumption, and condition. Competition refers to how many sellers are active on the market, consumption refers to how quickly homes are selling, and condition refers to your home compared to others.
If you’re thinking about selling your home, we’ll know how to price it. If you have any questions please don’t hesitate to give us a call or send us an email. We’re always happy to help!