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Pricing Your Home Tips to get you started!

Pricing your home right translates to a successful, quicker sale. Arriving at the optimal price is the result both of objective research into comparable properties and the current market conditions. The price should attract buyers, allow you to earn the most money possible, and help you sell as quickly as possible. The simple fact is, PRICE is the #1 factor that most homebuyers use to determine which homes they want to view! And it’s important to remember that, although the price is set by you, the value of the home is determined by the buyer.
Factors Affecting Your Asking Price: (1.) How quickly you need to sell (2.) The amount of competition in your price range and area (3.) The availability, flexibility and affordability of financing (4.) The sale prices of similar homes that have sold in your local area during the past 3-6 months (5.) Major improvement made to your property (6.) Location, location, location

Factors That Should NOT Affect Your Asking Price:

  • The original cost of your home
  • The cost to build your home today
  • Emotional attachment
  • The opinions of friend and neighbors

Problems That Can Arise from Overpricing Your Home:

  • You might help sell similar homes that are priced lower
  • Your home may stay on the market longer
  • You could lose market interest and qualified buyers
  • You might create a negative impression of your property
  • You could lose money as a result of making extra mortgage payments, while incurring taxes, insurance and unplanned maintenance costs.
  • You might eventually accept less money for your home

It is always best start off on the right foot, price your home correctly and receive the best offer possible!

Click the button below to fill out a request form to get a FREE, no obligation market analysis of your home. Once you send the completed form in, I will contact you to set up a convenient appointment to view your home and answer any questions that you have about the home selling process.

*If you would like a copy of the Home Seller e-guide, please click this link.

Berkshire Hathaway HomeServices Hudson Valley Properties

1100 Route 55, Suite 201, Lagrangeville NY 12540

Email me at dallan@bhhshudsonvalley.com

Created By
Debra Allan
Appreciate

Credits:

Created with images by Alexandra Gorn - "Scandinavian style" • Fabian Blank - "Cute piggy bank" • Carlos Muza - "Statistics on a laptop"