Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner
3 Reasons Why It Is So Important To Set Your Listing Price Correct In Chandler
- Reason #1: You Can Scare Off Potential Buyers With A High Price You’ll receive the majority of your buyer interest in the first few days and weeks after you place your home up for sale, so it’s critical that your price isn’t set so high that it scares a number of buyers off. While some sellers believe that it’s better to price high and let buyers submit lower offers, this can actually work against you. It’s better to have your home priced fairly from the beginning as you can always refuse offers that you deem are too low.
- Reason #2: Your Price Directly Impacts How Long Your Sale Will Take If you’re interested in seeing your Chandler home sell quickly it’s going to be in your best interest to have it priced competitively. Buyers will be shopping around for similar homes in your Chandler, Gilbert,Tempe and if there are other listings with lower prices on the market you may find it takes you a while to get your home sold. Also, if you do find a buyer that is interested they’ll likely try to enter into price negotiations with you which can extend the length of the sale by a week or more as you go back and forth to reach an agreement.
- Reason #3: A Low Price Means Leaving Money On The Table While pricing too high can cause issues with your sale, pricing your home too low isn’t going to benefit you either. While you’ll likely find that you receive a high number of offers very quickly, you’ll end up leaving some of your home equity on the table – equity that you could easily have realized as buyers would have been willing to pay the difference. Remember – the best way to ensure your home is priced competitively is to have it valued by a real estate professional. Contact Tom & Darby Associate Brokers with Solutions Real Estate at 480-442-5540 when you’re ready to sell your home and they’ll be able to determine the true value of your home.