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Proper Pricing of Your Home is
Very Important!
A key part of the marketing plan is setting the list
price of your home. If a home is priced too low, it may cost you
money. If a home is priced too high, potential buyers may be
scared away. To determine the best asking price, it's important
review the cost of recently sold homes, evaluate the competition and
study marketplace trends.
Access Real Estate will use all available information
to help you reach the right asking price. It is also helpful to discuss
other terms and conditions, such as timing and items that can be
included with the sale of the home. Both of these can make your
home more attractive to potential buyers.
Pricing Beyond
Market Value:
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Reduces or
eliminates the
number of prospective buyers who want to see your home from
advertisements.
-
Reduces or
eliminates the number of real estate agents from showing your home
to buyers.
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Helps to sell
your competition by comparison.
-
Can lead to
mortgage rejection and loss of time.
-
The lender may appraise your home at a value less than the agreed
sale price between seller and buyer. This means the lender
will only lend on the appraised value forcing the buyer to come up
with more downpayment!
Pricing At or
Below Market Value:
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Results in more
responses to advertising.
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Results in the
maximum price in a reasonable time.
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Statistically, a
house that sells in the first 30 days will bring the highest sale
price.
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Sales price
declines the longer a house remains on the market.
Contact an Access Real Estate Professional Today for
a Consultation to Develop Your Home Selling Plan!
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