5 Reasons Homes Sell

5 Reasons homes Sell

Location -- The single most important factor in determining the value of your home.

Price -- Pricing your home properly from the beginning is an important factor in determining the length of time it will take to sell your home. Reviewing my competitive Market Analysis is the best starting point to assist you in determining the best possible asking price.

The Condition of the Property -- Affects the price and speed of the sale. As prospective buyers often make purchases based on emotion, first impressions are important. Optimizing the physical appearance of your home will maximize the buyer's perception of value.

Market Conditions -- Property values are influenced by the current real estate market. As the real estate market cannot be manipulated, a flexible marketing plan should be developed which analyzes the current marketing conditions and individual features of the property.

The Agent you select!!! -- This is why choosing Shawn Pittman makes so much sense!

How Much Should I Sell My House For?

Buyers Shop by Price

The biggest mistake too many home sellers make is inflating the price of their home in the false belief that it will result in a higher selling price, even if they have to reduce the price later. Exactly the opposite is true!

That's because buyers shop by price---and typically spend months comparing homes in their price range. All an inflated price does is virtually guarantee that you home will get passed over every time.

Your best chance of getting "top dollar" for your home is to set an accurate market price that will let your home compete with comparable homes. That way your home is most likely to compete successfully --- and be seen by the buyer who will appreciate its special features enough to make you the best possible offer.

Most Common result When Listing Price is High.

Unrealistic Price (Above Market Value).
Buyers compare in unfavorably with similarly priced homes with more square footage/amenities.
Sits on market.
Other Realtors see it as overpriced and stop showing it.
Even after price reductions, buyers may see its quality/value as "suspect".
Most likely to sell at low end of its Fair Market Value.

Right Price (Fair Market Value).
Buyers favorably compare it with homes of comparable size and features.
Realtors are eager to show it.
Enjoys frequent showings.
Most likely to attract offer on high end of its Fair Market Value.