In our last message, we covered the steps sellers should take when pricing their homes. Today we’re back with part two so that we can share even more tips. If you missed our first installment, you can check that out here. Otherwise, let’s dive right in.
The methods we shared last time still hold true, but there are a few additional things to keep in mind when choosing your list price. The market is changing, and this means the way sellers approach pricing needs to change, too.
Specifically, sellers need to understand that market conditions vary greatly by location. If homes in your area are frequently getting bid up, then you may want to price low to sell high. If recent trends show that buyers are negotiating down, you may actually want to price slightly above your home’s fair market value to ensure that you earn a reasonable sum.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.