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Wednesday, May 22, 2013

Get Top Dollar Factor #1: Pricing (Home Sellers Tip Series)

Did you know? The best chance for selling your property is within the first seven weeks! Studies show that the longer a property stays on the market, the less financial return the seller will net.

There are 5 main factors to achieving your goal of getting top dollar for your property.

FACTOR 1: PRICING

It is very important to price your property at a competitive market value right when you list it. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. I have found your first offer is usually your best offer.

An overpriced home:
  • Minimizes offers 
  • Lowers showings 
  • Lowers agent response 
  • Limits financing 
  • Limits qualified buyers
 When you think about it, 80% of the marketing is done when we decide on what price to list your home.

For people unwilling to list a property at current market value, I usually recommend holding off on putting the property on the market for awhile.

Pricing is just the first of five factors in getting top dollar. In a few days, I will write you about the next factor: A Clean Home!

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