subject: It's A Good Idea To Price Your Home Correctly If You Want To Sell It Faster [print this page] As a REALTOR, there is one thing I enjoy more then anything at all, a home seller that is sound-thinking and listens to advice. There is a expression in the real estate industry: "To be successful as a listing agent, sometimes it's more effective to be the third agent!" What does this mean? It signifies that a seller has been through the procedure two times before they came across you.
They are aggravated and are more prone to be a very encouraged seller. They understand that what they have been doing is just not working, and it's time to make a change. There is also a down side to these sellers. As a real estate agent I have perceived it time and time again, and it is probably the worst part about working as a real estate agent.
Sellers, when they appear to me the third time around, are generally very troubled. They almost always had a awful experience with their previous agents and it cost them a lot of unwanted pressure, money, and un-needed stress. Don't make the mistake of being to stubborn about your circumstances. Here is a couple of factors to think about when selling a property.
What's your inspiration?
How badly do you need to sell your home? What is your time frame for relocating? Do you want to relocate for a new profession? Before you even contemplate pricing your home, a real estate agent needs to figure out these three factors first, and then you can create a strategy to meet your goals. If you need to sell your home because of financial issues, it is going to be hard to come down on price, but it may actually save you money to do so.
When you price your home at market value from the get go you benefit from selling your home faster. Getting your property sold more quickly is not only going to save you from headaches, but it's going to save you money. How so? It's easy, for each mortgage payment you pay, you are paying interest to lenders. Paying that interest each and every month is money you will in no way see again.
Also, if you over price your property at the beginning, you'll lose out on a lot of possible business. 85% of showings arrive within the first 3 weeks of you're property being on the real estate market. It is essential to price it right, otherwise the first home buyers that come through your residence will be lost, and you will never get them back!
While selling your home, take into account your motivations, your time frame for moving, and what amount money you can spare for the stresses you could deal with. Listen to your real estate agent, price your residence to sell, and get ready to progress with your life.
