Every seller will agree that the most important point to achieve a successful sale is getting the right asking price. Today buyers are well-educated and know what is priced right, and that is what they buy. Here is a simple look at why price is important and how to set the best price for your home.
Why is Price so key?
Every seller wants to get the highest price possible for their home. It is natural to want to maximize the return on your investment. If you overprice your home, you can scare away some of the most qualified buyers. Today buyers may not even take the time to visit a home they think they can not afford. After an overpriced home has been on the market for months, buyers begin to think something is either wrong with it or it is priced to high. After losing months, a seller of an overpriced home often needs to make a deep price cut to get it sold. Underpricing a home can bring in lots of lookers and will usually result in a quick sale. In exchange you do not get the cash you should have gotten. Sellers who price their home right from the start attract good buyers and sell it within a reasonable timeframe for the best price.
What determines price?
When you decide to sell your property, I will conduct a professional market analysis to help you decide the best price for it. Market conditions, supply and demand, and the condition of the home will all factor into the final price for your home. The most critical factors are:
Location - Is it close to schools, shopping, churches, public transportation, offices, etc.?
Competition - What is the condition, price, and availability of similar properties for sale nearby?
Sold Competition - What did similar size, style and homes nearby sell for?
Selling timetable - Do you need a quick sale? Can you afford to wait for your price?
Market Conditions - Are homes like yours in demand? How quickly do homes like yours sell?
How can Miguel help?
It is my business to stay on top of the market. I have the means to quickly and accurately compare your home with similar properties which have recently sold as well as similar properties currently on the market. With up-to-date information, you will know the market value of your home and can set your price to get it SOLD.
To see the services Miguel can provide you the seller, please click on Seller Services.
Click on the following links to learn the basics on selling:
- My Marketing Plan how to get you top dollar upon selling
- Your home's value a comparative market analysis
- Preparing property for sale what to do to prepare your home
- Let us sell your property why it is best to work with realtors
- Offers and contract walks you through the contract process
- Paperwork after contract walks you through post contract process
- Settlement day what happens day of closing day
To see what recent buyers and sellers are saying about Miguel Avila's service, please click on the Testimonials
To learn about Miguel Avila's experience, designations & credentials, to help you understand how he may be your best option representing you in the purchase or sale of real estate, please click on the About Miguel
Click on FREE Reports to get valuable information for anyone looking to sell or buy real estate.
Miguel Avila is available for questions or if you could not find the information you need. Please click Contact me now on the menu to e-mail me your question or do not hesitate to call me at 571.233.0581.