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Explaining the most critical point is, and always will be, price:
Price it Right
People will look past condition and location if the price is right. Buyers always want more than they can afford, and sellers always want more than their property is worth. This is the consistent tension that makes the real estate market so interesting to so many people. When it comes to pricing your house, you must be precise. For start, you should know your neighborhoods price ceiling and an average price per square foot.
Deitsch advises to never base the price of your home off of other listings that are currently active, but instead base your homes price only off of what has already sold. Then you can adjust your asking price based off of the amenities of your property in comparison with the previously sold homes within the last 6 months in your neighborhood.
Pricing your home right and offering something that other homes in your price range do not, is a strategy that finds much greater success in securing a solid offer, than the non-strategy of simply pricing at market value and seeing what happens.
Explaining the most critical point is, and always will be, price:
Price it Right
People will look past condition and location if the price is right. Buyers always want more than they can afford, and sellers always want more than their property is worth. This is the consistent tension that makes the real estate market so interesting to so many people. When it comes to pricing your house, you must be precise. For start, you should know your neighborhoods price ceiling and an average price per square foot.
Deitsch advises to never base the price of your home off of other listings that are currently active, but instead base your homes price only off of what has already sold. Then you can adjust your asking price based off of the amenities of your property in comparison with the previously sold homes within the last 6 months in your neighborhood.
Pricing your home right and offering something that other homes in your price range do not, is a strategy that finds much greater success in securing a solid offer, than the non-strategy of simply pricing at market value and seeing what happens.
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