Thursday, October 16, 2008

The importance of pricing your home correctly.

OK, so you’re thinking about putting your property on the market. You’re thinking I want to list with a Real Estate Agent. You’re thinking I want to try to get as much as I can so I’m going to ask more for it than I should in case someone makes an offer and I have to come down. Here’s where you start going off track. Listen to your real estate professional and let them guide you. They have the knowledge and experience to assist you in pricing your home correctly.

When your house first goes on the market this is the time that it attracts the most attention. It’s new, it’s fresh and people are curious. Serious buyers who have been looking for perhaps a while have most likely done their own research and will know that your listing is over priced. They will move on and continue with their search. The fact that they know this is over priced may detour them from inquiring about the listing at all. Months later when you realize that you must drop the price you have already missed that first burst of curiosity and interest and you risk your home looking stale in the market place. People begin to wonder, ‘Mmm, wonder what’s wrong with this house?’ And remember that your sentimental feelings about the house have no value to a buyer. It sounds harsh, yes, but a serious and motivated Seller realizes that pricing their property at fair market value is a factor in order to sell.

We at Coldwell Banker Lightbourn Realty are experienced and are a powerful team with a wide networking family of 117,000 Coldwell Banker agents world wide. Let us help you determine the best price attainable for your property and begin working for you today!

Your Abaco Real Estate Agent
~Mailin Sands