Finding Your Property's Best Selling Price

Statistics show that the best opportunity to sell your property is often within the first few weeks of putting it on the market. This can be good news, or bad, depending on your motivation. Some properties sell right away, while others sit on the market for months without a single offer.

To maximize your selling opportunity, it is important to be priced right. What is the right price? Many factors will determine the best asking price. Our current real estate market has a lot to do with it. Using sound judgment, research, and experience, a good agent can help you determine the right price for your property. They will help you evaluate your location, the recent sold data, current market trends, and your property's special features that set it apart from the competition.

What's wrong with pricing my property a little high? Price too high and most buyers won't even bother looking at it. Over priced listings tend to sell the competition first. This scares away many qualified buyers simply because they can go elsewhere and get more for the money. As the property sits on the market, people will shy away from it thinking there must be something wrong with the home.

Should I under-price my property? Price it too low and you could lose thousands of dollars. There are times when you will attract multiple bidders making multiple offers, but this is only recommended when you need a faster-than-average sale.

In most circumstances, pricing your property correctly from the very beginning will net you the best results in both time and money. To find out the perfect selling price, contact us for a No Obligation Market Analysis. We will take the guesswork out the entire process and suggest an accurate market price for your home. It has never been easier!