Tag Archives: Homes

Pitfalls When Selling Your Home

Pitfalls? “But I just want to move up/ pare down and I KNOW my home is worth XXXX amount after all the upgrades we have put into it over the years!” Sound familiar?

Every real estate agent has heard this a time or two. Yes, we get it. You have a beautiful home, made fabulous memories and saw a home similar that went for tons of money. But, as real estate agents we are here to guide you to what the current market can bear. And, unfortunately that may be nowhere near what you have in your mind.

But you must also ask yourself, how fast do you want it sold? We ran into a graphic from realtor.com that pretty well explains the need for pricing your home correctly and RISMedia wrote a short post on it as well located at http://rismedia.com/2016/08/09/perils-of-overpricing/). You see, in the first few weeks your home is on the market, you may receive your asking price – even better. But as time goes on, the likely hood of you receiving your asking price dwindles. Take a look at real numbers:

Also remember how you felt when you bought your home many years ago. You loved it, right? But still you wanted to pay a fair price. Did you go see homes that were overpriced? I’ll bet not – and neither will buyers for your home come to see your home if it is not priced right.

But then again, you are a smart seller – otherwise you would not have a realtor to guide you in the current market, the proper price and even a price reduction if we ever need to. We are here to get the best price on your home the market will allow and help you in all the process along the way until your home is sold!