Why it is so Important to get an Real Estate Expert to Price Your Home for Today’s Market
June 10, 2022
If things in your life have changed in the last year, the needs within your home have changed and it is time to make a move, It might be the perfect time to jump into the seller’s market and take advantage of all your home has to offer. So many homes are still getting multiple offers or going into bidding wars which is allowing sellers to get really top dollar for their current homes.
One thing I can say about this market though, well any time in real estate but especially in this market, if you price it right it moves quick and you’ll likely get more than you think for it. Even in this competitive market you can’t just slap any enormous price tag on a home and think okay this is what I want for it so, bam! Talk to your agent and get them to give you their opinion on the price and trust their instinct. Price your home right and watch the magic happen.
The trick is to set the price just right so buyers notice your home and it sparks excitement for them or multiple buyers hopefully! You want potential buyers to be excited about your home and all it has to offer from the very first time they look at it online all the way through viewing it in person. The price can really affect this excitement so this really is where your agent’s expertise comes in super handy.
So why is pricing so very important? To put it simply, the price you set will send a message to potential buyers. If you price it too low people will often wonder what is wrong with your home or does it need some major repair? Secondly, if you price it too low then you might be short changing yourself and not giving yourself full advantage to move up on your next home purchase. If you price your home too high the potential buyers just see that price and it can deter them from even taking a serious look at your home or asking to view your home in person. The other downside to pricing it too high would be that it could sit on the market for a bit and then you’ll have to drop the price. This too can send up red flags for a potential buyer.
Bottom line is this, you want to find that sweet spot when pricing your home, not too high and not too low. Talk with me today, I want to be YOUR realtor and I can guide you through this whole process! You can trust me to price your home to get the most out of it in this competitive market.