Bite the Bullet - Price Cuts


When selling your home, we set the price together - seller and realtor, as partners.
We realtors will provide you with comparable sales from the past 6 months and this will give you a very realistic idea of what your home will sell for - you can even extrapolate the price per square foot for an even more accurate projection.
But sometimes our sellers want to add a little padding or think their house is a little above average. (who doesn't think that? it is an endearing quality!) And so, in the spirit of partnership and wanting to please our clients, we price the house too high.

And eventually this will lead to the need for a price reduction. At this time, it is far better to make a bold move, bite the bullet and price the house in a way that will get attention in today's crowded marketplace.
Some people are timid and inch their prices down in little increments as if they don't want anyone to notice! One big bite is far more effective than a bunch of little nibbles. Chances are your realtor has already told you the correct price of your house. Be brave!
With beautiful photography to showcase your home to its best advantage, an appropriate price will sell your house. We have many buyers looking but no one is going to overpay by even an iota. Buyers are educated, too, and know what price is appropriate.
No one wants to leave any money on the table and we want to get you the most possible money for your home. But in a few months, after your house has sold, and you gain some perspective, you'll feel a lot better and will be on to the next phase of your life whatever that may be - maybe a condo in Florida or a new house near your family or just downsizing or upsizing. No more stress!
Labels: Pricing your home to sell, Rhode Island Real Estate, Susan Gustavson




1 Comments:
I couldn't have said it any better. Proper pricing is critical in today's marketplace and homeowners have to recognize that their home is not immune to the current pricing guidelines. Follow Susan's advice and price it correctly as soon as you can.
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