Selling Your Home? Make Sure the Price is Right!
If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.
In today’s shifting real estate market, where more inventory is coming to market and home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to just last year.
They will have to employ the same strategy: be the closest without going over!
As we have explained before, pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!
Over the last six months, more inventory has come to market while the months’ supply of inventory available has dropped. This means that the demand for homes to buy is still very strong throughout the country!
Homeowners who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the homes when in reality nothing was wrong, the price was just too high!
Bottom Line
If you are thinking about listing your home for sale this year, let’s get together to properly price your home from the start!
To view original article, visit Keeping Current Matters
Should I Buy a Home Now or Wait?
Yes, today’s housing market has challenges, but the key is making a move when it makes sense for you, rather than waiting for a perfect scenario that may never arrive.
Pre-Approval Isn’t Commitment – It’s Clarity
Pre-approval isn’t about jumping the gun or rushing your timeline. It’s about making sure you’re ready when it’s go-time.
What You Can Do When Mortgage Rates Are a Moving Target
You can get the best rate possible in today’s market by controlling your credit score, loan type, and loan term..
Are You Saving Up to Buy a Home? Your Tax Refund Can Help
If you’re getting a tax refund this year, you can use it to help you pay for some of the upfront costs that come with buying a home.
Don’t Miss This Prime Spring Window To Sell Your House
By targeting late spring, sellers can get their home listed when the most shoppers are looking.
4 Ways to Make an Offer That Stands Out This Spring
If you’re serious about landing a home you’ll love, you need a smart strategy that includes a working with a great agent.
.jpg ){kind=logo}
.jpg &description=Selling Your Home? Make Sure the Price is Right!){kind=logo}
