Why pricing your home right is key!

Things to consider when initally prcing your home.

1. You only get one chance to make a good impression when listing your home.
2. Dom (days on market) is a killer for listings. We have all been there looking at homes that have been on the market for several months 60+ days. The 1st thing that comes to mind is what is wrong with this house? Quite honestly, there may be nothing wrong with it at all besides being listed too high. Yes, you can always light high and come down but with each passing day your home’s new appeal starts to wear off. Then you have to have the uncomfortable conversation with your agent on dropping the price. After the new has wore off you just may find yourself dealing with lower offers/ more aggressive buyer request than you would have otherwise pricing it right at the start.
3. Your agent is pricing the home for what your market is actually supporting right now at the moment. Pricing it right at the start along with professional photo’s and great marketing will bring multiple buyers and with the state of the market right now most of the time generates above asking offers. We can have potential buyers sign forms to pay a cash difference from the appraised value to contract value. This doesn’t always happen but it can.
4. Buyer and seller can also split the difference on the appraised value vs the actual value.
5. The seller can also come down to the appraised value.

Ultimately pricing your home right from the start is the most beneficial to you!

L+H Homes, ERA Great American Realty

Your Realtors That Care

316-365-7767