The price you list will determine your marketability.
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When planning to sell your home, one of the hardest things can be deciding on the price of your home. As full time professional in the North Texas market we are dedicated in getting you the most money possible according most recent history of you're neighborhood.We recognize there are many reasons you may already have a certain price in mind. But, you may need to consider all the following with us before you list.
Definition of Value:
What a willing and able buyer is willing to pay! All judged on the following below and the more experienced agent the better! A Realtor® that prices your home to high, above the market value only wants a sign in your yard! A Realtor® that prices your home to low is not taking the time to compare the correct properties. Experience listing homes takes skill, careful thought and a professional opinion in must cases and even a indendent apprisial.
We will find the happy medium and you will sell!
- More Short Sales and Foreclosures are being viewed because of price! Not because of how nice the homes are or the location. It is actually okay to price low to attract buyers then you will get multiple offers and you can select which ones you counter with. Its an art, and part science!
- If we are off by few dollars the internet buyer may not even see your home. The way the buyers search for homes is by the Area, Price and Age. If you were to search for a home, you would normally search by 25,000 amounts. This is normal. Search Homes! and see.
- Now a days, Realtors® use a program called prospect report. The system sends out NEW listing and Reduced listings at 3:00 am for the client to see when they check their e-mail the next day. Ask me and we will send you homes in your area just as if you were buying.
- So we have to almost think in those increments. If your house is worth 202,000. Its almost better to list it at 199,900. This will allow your buyer to notice your home. It is better to round down then up. It is an art and part science. The we can counter to up the price to 202,000. Can you see the opportunities you have working with us.
Example of Data and Info to consider: We have this all.
- Sold in your Subdivision, Neighborhood in last 180/90/30 Days
- New Homes sold in the last 60-90 days
- Sold properties within 1/4 to 1/2 mile in the last six months: Apples to Apples
- Active listings over 5.5 months on market
- Expired listings over 4 months
- Pending Listing under 30 days
- Was my house ever posted online, Public Value displayed
- Similar Age, Construction Material
- Builder Type: Inventory or Custom Subdivision or NOT
- Features in the house that would attract a buyer
- Special Features / High ticket items - Pool, Hot tub, Decking, Grill
Factors that do not affect your value:
- What you paid for the property
- What you need to sell for
- What you want to sell for
- What your neighbors say it is worth
- What is the costs to build your home today
How price affects your Sell:
- A home priced to high will not receive any showings or offers.
- As home prices go up, there will be fewer buyers looking
- A home price higher then yours creates an advantage for you. (and vice versa)
- A home priced correctly from the beginning is the best chance for you to sell. More Realtors and Buyers notice "JUST LISTED" homes over priced homes.
- A home priced to low, will attract investors and bargain hunters. At what costs are you prepared to sell.