Setting the Right Selling Price Affects Your Bottom Line - Whether you're considering selling your home, or your house it already on the market, the price you set is a critical factor in the return you’ll receive. In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days.
If the price of your home is too high, several things could happen:
Limits buyers. Potential buyers may not view your home, because it would be out of their buying range. Price it right, it will attract more buyers.
Limits showings. Other salespeople, as well as buyers, may be reluctant to view your home if it is overpriced. Price it right and they will come!
Used as leverage. Other realtors may use this home to sell against homes that are better priced. You want to sell not be compared to.
Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?” Again, price your home right, it will attract more buyers and sell!
Lower price. An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you’ll probably get less than if it had been properly priced from the very beginning.
Overpriced may not appraise. A bank appraisal is most often required to finance a home.
Well-kept homes, properly priced in the beginning ALWAYS get you the fast sale for the best price! To get an honest opinion of what the price of your home is, complete the form below for your FREE Over-the-Net home evaluation. You'll be glad you did!
And if, and when you are ready to sell, read on.....
Are you ready to sell your home? We are not your average Realtors® who simply enter your home into the Multiple Listing Service (MLS®) and hope it sells. Over 80% of all buyers are searching for their next home online. We can provide you with the technology edge needed in today's market to sell your home quickly and for a price acceptable to you.
When you hire us to sell your home, your home is listed on the MLS® website, the Point2Point website, Royal LePage website, and all the sites shown left through the Exposure EngineTM - getting your home out there FAST!
Pricing your home correctly is key in today's West Island Real Estate Market. We provide you a Free Home Evaluation to accurately assess your home's current real estate market value in Dollard des Ormeaux, Pierrefonds, Roxboro, Dorval, Lachine, Pointe Claire, Kirkland, Beaconsfield, Baie d’Urfe, Senneville, Ile Bizard, Ste-Genevieve, or St-Anne-de-Belleville.
These helpful home-selling articles will assist you in answering the many questions that arise during the home selling process. All you need to do is select the desired article, complete the form provided, and the articles will be emailed immediately to you.