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The Right Selling Price Affects Your Bottom Line

When you’re selling your home, the price you set is a critical factor in the return you’ll receive.  That’s why you need a professional evaluation from an experienced realtor.  EZ Team 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 for 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:

 

  • Limited buyers.  Potential buyers may not view your home because it would be out of their buying range.
  • Limited 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 it sold".
  • Lowered 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 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 at the origination of the listing will always yeild the best results in terms of time on market and price sold!  And that’s why you need a professional to assist you in the selling of your home.  Make it EZ!