Get an expert. That’s what you’ll probably here from other people if you are having a hard time selling your house. You know you are ready to make a move when your lifestyle has changed, take advantage of today’s market and it might be just the answer for your plans. While homes continue to get multiple offers, its a good time to get the contract for your house if you’re ready to sell.

An expert is needed on your side to ensure you make correct moves, especially when pricing your house. In this competitive market, you can’t stick just any price tag on your home and get the deal you want. One key is setting the right asking price so you can help buyers notice your home from the first time they view the listing. That’s where a real estate professional comes in.

Why Pricing Your House Right Is Important

The price you set for your house sends a message to potential buyers. Pricing it too low and you might raise questions about the condition of the house or lead buyers to assume something is wrong with the property. Not to mention, if house is undervalued, you could lose money on the table which decreases your future buying power.

On the other hand, price it too high, and you run the risk of deterring buyers. When that happens, you may need to cut back a little on your price. This can re-ignite interest in your house when it sits on the market for a while. But be aware, price drops can be seen as a red flag for some buyers who will wonder why the price was reduced and what that means about the home.

Your goal is to find the right price, not too high, not too low, but right at market value. Pricing your house according to market conditions increases the chance to attract more buyers who are interested.

Lean on a Professional’s Expertise

There are a few factors that go into pricing your house, and balancing them is the key. That’s why it’s important to lean on an expert real estate advisor when you’re ready to move. A local real estate advisor is knowledgeable about:

• The value of homes in your neighborhood
• The current demand for houses in today’s market
• The condition of your house and how it affects the value

A real estate professional will balance these factors to make sure the price of your house makes the best first impression and gives you the greatest return on your investment in the end.

Bottom Line

Pricing your house appropriately is key. Let’s connect to make sure your house is priced right for the local market, for your home’s condition, and to stand out from the competition.