Getting the Highest Price for Your Home
When your home sells faster, you save carrying costs, mortgage payments and other ownership costs. A quicker sale creates less inconvenience for you. If you’ve moved before, you know the energy it takes to prepare for showings: keeping the home clean, making childcare arrangements and altering your lifestyle.
Proper pricing reduces these demands on you by helping your home sell faster. At market value your home will gain exposure to more prospects who can afford the price.
When real estate agents are excited about a home and its price, they make special efforts to contact all of their potential buyers. Knowing that it is priced properly for its market, they expect it to sell soon and encourage their prospects to act quickly. Their excitement is contagious!
Ad calls and sign calls to REALTORS turn into showings when price is not a deterrent. Most serious prospects are well educated about asking prices in the areas they are seeking.
Buyers fear they might lose out on a good home when it is priced right. They are less likely to make “low ball offers.” Better pricing attracts multiple offers.
Bottom line: if a home is priced right, the excitement of the market may produce a higher sale price.