Want to Sell Your House? You’ll Need to Price it Right.
Last year, the housing market slowed down in response to highest mortgage rate increase we have seen in decades, and that had an impact on home prices. If you’re thinking of selling your house soon, that means 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.”
Why Pricing Your House Appropriately Matters
Especially today, your asking price sends a message to potential buyers.
If it’s priced too low, you may leave money on the table or discourage buyers who may see a lower-than-expected price tag and wonder if that means something is wrong with the home.
To avoid either headache, you’ll want to price it right from the start. A real estate professional knows how to determine that ideal asking price. We balance the value of homes in your neighborhood, current market trends, buyer demand, the condition of your house, and more in order to find the right price. This helps lead to stronger offers and a greater likelihood your house will sell quickly.
Bottom Line
Homes that are priced at current market value are still selling. To make sure you price your house appropriately, maximize your sales potential, and minimize your hassle, let’s connect.