Pricing Mistakes to Avoid
Posted on March 6, 2015
Are you getting ready to sell your home? You obviously want to get the most out of your investment, right? To do so we must stress the importance of pricing your home correctly from the start. Having a sound pricing strategy is a must if you want to find the right buyer at the right time.
Now that you know that, we have outlined some common pricing mistakes that all first-time sellers should avoid.
1. Overpricing – You might think your home is the best on the block and it very well may be, but you have to appeal to the value that homebuyers see. Pricing too high could leave out potential buyers in online searches.
2. Competition – To arrive at a listing price that will generate interest, you can’t base your price solely on the prices of other homes in the area. You and your agent need to look at recent sales, active listings and average days on the market among many other things.
3. Ignoring Agent Insight – Let’s be honest, the best route to the right price starts with picking the right Gulf Coast real estate agent, and then taking it a step further and listening to his or her insight.
Ready to list your home? Contact Brad Shoults to get the skinny on how to price your home appropriately from the start.
Posted in: Real Estate Tips |Tagged: For Sale, Real Estate, Tips.