Developing an effective pricing strategy for your property is the most important step to insuring that your home sells for the highest price possible in a reasonable amount of time.
1. Price Correctly
Your home will generate the most excitement the first few weeks on the market. When you overprice your home, Realtors® and Home Buyers will use your home to justify the sale of another property priced correctly. No amount of staging and/or upgrades will overcome a home that is out of its price range.
2. Pricing Indicators
Realtors® and Buyers compare your home to other homes on the market using the following indicators: location, condition, size, style and age.
Remember price fluctuates because the market is always changing based on the motivation of the other sellers you are competing against. Keep an eye on:
Staying ahead of the changing market and strategically positioning your price against the competition is the only way to sell your home for the highest price possible in a reasonable amount of time.
How do we Determine the Correct Price?
By carefully studying recent sales similar to your home. We also take into account a property's location, condition, size, style, age and local market conditions (including current mortgage interest rates, national and regional economic conditions, buyer demand, seasonal demand and prices of competing properties).
Having a detailed home market valuation prepared by one of our licensed sales professionals is the best way to insure your property will be competitively priced in today’s real estate market. Click the link below and request a detailed home market valuation from one of our licensed sales professionals at The Brokerage of New England.
This is not intended as a solicitation of another broker's client or listing. If you are currently working with another real estate agent, please direct all your questions to that agent. If you are currently unrepresented, we are ready to assist you with all of your real estate needs.