Pricing Mistakes That Will Cost You Thousands When You Sell Your Home
Segment 4
Pricing Mistakes That Will Cost You Thousands When You Sell Your Home
Barb a lot of people go off those automated valuations like on Zillow to determine what their home is worth. How does a home seller decide what price to set when selling their home?
Pricing a home appropriately can mean the difference between a home seller getting TOP dollar for the home or the home sitting on the market for a longer than normal period of time.
Here is why:
Price too high – no or few showings – no offers
Price too low – buyers don’t offer enough
Price too high and slowly walk the price down
National statistics – Net LESS Money
What About Pricing according to those automated valuations?
Not accurate
Average homes around you
They Do not know YOUR improvements
Pricing Just Right!
Pricing too low:
Most buyers assume you will accept that number
Or if they need work…EVER LOWER! BLA Story
Agents suggesting a PRICE TOO LOW may not have YOUR best interest in mind
Pricing too HIGH:
Most Buyers FEAR THEY HAVE TO OFFER OVER ASKING PRICE!
Pricing a Home REALISTICALLY vs OPTIMISTICALLY will always command top dollar
How:
Careful evaluation of:
Similar Recent Sales
Compare Apples to Apples
Current Similar Competition
Put your Buyers Hat On
If you are thinking of making a move and would like:
Tips on how to prepare and position your home to command top dollar
Get a great idea on how much your home will sell for in this market
Call us at 719 301 3900
You are listening to the Real Estate Voice with myself Barb Schlinker of Your Home Sold Guaranteed Realty, you can reach me at 719 301 3900
Barb, its time for the Lightning round of some of your Hot New Listings, tell us about them.
701 Pleasant Street, $424,999, Adorable in Pleasant Valley
3825 Gingham Way, $510,000, Cape Cod Modern vibe
154 S Blue Hills Dr, Pueblo West, CO, Stunning Rancher w Views and 7 Car Garage Space $695,000
1354 Tonka Ave, $449,999, Backs to 38 Acre Park West Side
5214 Borrego Dr, CS CO 80918, Spectacular Views, $499,999
5822 Roy Heights, CS CO 80918, Low $400s
Coming Soon:
134 S Claremont St, CS Co 80919, Upper $200s
Gershwin Ct, CS CO 80911, Upper $300s
6570 Stonehedge Dr, CS CO Low $300s
501 S Siesta Way Pueblo West CO $1.2M