Do you know what your home would sell for in today’s shifting market – check out our recently launched Home Equity Report. Moreover, use our Home Equity Report to monitor your home’s value and stay on top of market conditions.
Want to Sell Your House? Price it Right
Last year, the housing market slowed down in response to higher mortgage rates which had an impact on home prices. In other words, if you’re thinking of 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.
Secondly, in a more moderate market, how you price your house will make a big difference. For instance, your original listing price affects not only your bottom line but to how quickly your house could sell. In reality, homes priced right are still selling in less than 30 days in today’s shifting market.
In short, use Wendy and Greg’s FREE Home Equity Report as a decent starting point.
Why Pricing Your House Appropriately Matters
Your asking price sends a message to potential buyers. For instance, if it’s priced too low, you may leave money on the table. You may also discourage buyers who may see a lower-than-expected price tag and wonder if that means something is wrong with the home. Meanwhile, if it’s priced too high, you run the risk of deterring buyers. When that happens, you may have to lower the price to try to reignite interest in your house when it sits on the market for a while. In conclusion, be aware that a price drop can be seen as a red flag by some buyers who will wonder what that means about the home.
To sum it up, price it right from the start. Use our monthly Home Equity Report. It’s a FREE resource.
Wendy & Greg Kime are experts at determining your ideal asking price. Additionally, they balance the value of homes in your neighborhood and study current market trends. Wendy and Greg also understand buyer demand and will brainstorm with you regarding the condition of your house. These action steps are crucial in the effort to find the wisest asking price. To sum it up, the ultimate goal is to generate strong offers and secure a buyer who will close in 30 to 40 days.
The visual below helps summarize the impact your asking price can have:
Bottom Line – Home Equity Report
In conclusion, homes that are priced at current market value are still selling. Price your house appropriately, maximize your sales potential, and minimize your hassle. Connect with Wendy & Greg Kime TODAY!
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