higher-range price may dissuade offers, and cutting the price later is not the best strategy. Price cuts raise more questions in buyers than they attract offers. It is in the early period of your listing that you are most likely to get the fair value of the home. You must price your home strategically and correctly to obtain the best offers and ultimately, a good selling price. A Virginia realty agency reported that homes in August 2013 within their first week on the market sold for an average of 2.08% above list price. Homes that grew stale for months sold for an average of 11.53% below the original list price. A home that does not sell and remains a listing for a lengthy period raises questions in buyers of why a sale did not occur and suspicions that there may be something not obvious wrong with the property. In listing the right price at the start of your marketing efforts, the best practice is to enlist the help and advice of a real estate professional or agent and gather inputs from recently closed home sales in the local area. A real estate agent should also be able to estimate how long the property might remain on the market at various price points. When it comes to finding a buyer pricing your home according to right data in comparable real sales is crucial to making the sale. A real estate agent will provide a Comparative Market Analysis, which is imperative to pricing strategically. This comparison report not only gives you a great listing price but also reduces the chance of your home being under-appraised. If you have a well- priced home, you should be showing within the first few days on the market. Offers should come within weeks. Also, in the beginning, you should set your lowest acceptable offer, such that sale-anxiety or emotions do not affect you during negotiations.
DE-CLUTTER THE HOME
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