The Right Selling Price Affects Your Bottom Line
The Right Selling Price Affects Your Bottom Line
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Jun 22,2016

The Right Selling Price Affects Your Bottom Line

This person can provide you with an honest assessment of your home, based on several factors including:

  • Market conditions
     
  • Condition of your home
     
  • Repairs or improvements
     
  • Time-frame


In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days.

If the price of your home is too high, several things could happen:

  • Limits buyers. Potential buyers may not view your home because it would be out of their buying range.
     
  • Limits showings. Other salespeople may be less reluctant to view your home.
     
  • Used as leverage. Other realtors may use this home to sell against homes that are better priced.
     
  • Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”
     
  • Lower price. An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you’ll probably get less than if it had been properly priced at the start.
     
  • Wasted time and energy. A bank appraisal is most often required to finance a home.


Realtors have known it for years – Well-kept homes, properly priced in the beginning always get you the fast sale for the best price! And that’s why you need a professional property managers to assist you in the selling of your home.  You can request a free home evaluation from 3 Options Realty.

 

Terri Clair
Managing Broker
678-397-1282

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We use professional market research to determine fair-market rent, and we use broad market advertising to reach a large audience. Our agents will also help you prepare your property and skillfully present your property. Prospective tenants will undergo comprehensive interviews and background screening before we negotiate with them the rental agreement using our proprietary, attorney-reviewed forms.