When listing your home, it’s important that you price it right the first time around so it doesn’t sit on the market and become stale.
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It’s natural for homeowners to feel that their home is worth more than it actually is. Sometimes these homeowners can be right, but most of the time they’re wrong. As a homeowner, the most important thing to remember about selling your home is listing it right the first time.
A trend I see happen often is people trying to list their home a little higher than it might be worth because they assume they can negotiate any differences of opinion. Unfortunately, this strategy just doesn’t seem to work.
The value of your home is based on three simple things: its location, the comparable sales of similar properties, and its upgrades. It doesn’t matter what your neighbors say, nor does it matter how much they list their homes for. Just because their homes may be listed at a higher price doesn’t mean that you should list yours at a higher price too.
Prepare your home, do your homework, and list it right the first time.
It’s important to listen to outside advice. When your house is listed and just sits there, it becomes stale. If your house is priced too high, even if a buyer likes it a lot, they may not want to submit an offer because they’re afraid of offending you.
In the end, your goals should be to prepare your home, do your homework, and list it right the first time.
If you have any other questions about buying or selling a home, please feel free to give me a call or shoot me an email. I would love to hear from you.
