Pricing Your Home to Sell

Pricing your home correctly is crucial to selling your home in a timely manner at the highest price possible. Current market conditions determine the value. Pricing too high or too low can cost you time and money.

• Factors affecting the price include, location, features, condition of your home, age of your home and current market conditions
• What you paid for your home has nothing to do with its present value
• The value some agents put on your property is not always accurate
• Homes you think are the same as yours may in fact be very different
• Ultimately, the buyer determines the value of your home based on comparisons they make to other houses currently on the market
• CENTURY 21 M&M and Associates has access to the latest technology to get you the most current market data available
• Our experienced agents can help you price your home correctly so that it
• sells for the highest price possible in the shortest amount of time

The Importance of Intelligent Pricing

Determining the best asking price for a home can be one of the most challenging aspects of selling a home. It is also one of the most important. If your home is listed at a price that is above market value, you will miss out on prospective buyers who would otherwise be prime candidates to purchase your home. If you list at a price that is below market value, you will ultimately sell for a price that is not the optimum value for your home. The percentage increases as the price falls even further below market value. Therefore, by pricing your property at market value, you expose it to a much greater percentage of prospective buyers. Thus increasing your chances for a sale while ensuring a final sale price that properly reflects the market value of your home.

Another critical factor to keep in mind when pricing your home is timing. A property attracts the most attention, excitement and interest from the real estate community and potential buyers when it is first listed on the market. Improper pricing at the initial listing misses out on this peak interest period and may result in your property languishing on the market. Eventually leading to a below market value sale price, or, even worse, no sale at all. Therefore, your home has the highest chances for a fruitful sale when it is new on the market and the price is reasonably established. We can give you up-to-date information on what is happening in the marketplace and the price, financing, terms, and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle. If you want to Find your home Value, click here.