Found 2 blog entries tagged as Pricing your Home to Sell.

We know, we know—you love your house. The kitchen is the perfect size, your weekly summer barbecues give your neighbors patio envy, and your '70s-style conversation pit is totally coming back into vogue—as you knew it would.

You've seen the comps for your neighborhood, but you just know your home is worth more, so you're going to list it at a higher price.

This is one of a few reasons why sellers overprice their home, and none of them is smart. If you price your home too high, it'll take longer to sell, raising doubts in buyers' minds about whether there's something wrong with it, and you'll probably have to drop the price eventually anyway. So don’t fall for any of these five common justifications sellers use to inflate the price of their…

5582 Views, 0 Comments

Read Full Post

Key Takeaways

  • Sellers tend to overprice and spend a tremendous amount of effort trying to defend their price, even if the market doesn't support it.
  • Pricing a home correctly is a partnership between sellers and their agent, not a battle of wills.

When it comes down to it, the most important advice a real estate agent can give sellers is how to price their home. No matter how beautiful or well-maintained a property may be, how many upgrades it has or how well it shows, if a home is not properly priced, it’s going to be a tough sell.

The battle for agents most often lies with aligning what sellers’ think their home is worth with its true market value.

These disparate realities can be difficult to merge when working with a seller…

3408 Views, 0 Comments

Read Full Post