To establish the proper price for your home, balance your goal of netting a high profit with how much a buyer will pay and how much lenders are willing to fund. This requires a sophisticated knowledge of the marketplace and its current trends.

Sellers often make the mistake of pricing their home high with the assumption they can reduce their price to a more realistic level later. The reality is that buyers submit bids on homes that offer the most bang for the buck. Furthermore, lenders require home appraisals and will not fund an overpriced home.

A better course of action is to be right on the money and hard on the price. You want to be in the position to say “no” to low offers, rather than having no offers to consider. And surprisingly, it’s a burden to have too much negotiating room.

Proper pricing enables you to take advantage of a window of opportunity called “initial interest.” A buyer’s interest peaks when your home is new on the market, but their level of interest drops off dramatically with the passing of each week.

In today’s Internet Marketplace, buyers have access to every available property. If your home is not priced appropriately, the painful truth is that your marketing efforts are selling someone else’s house. Sellers are subjective and buyers are objective. Your home will be used a comparison to support the purchase of a home that is a better value.

When pricing your home, missing by an inch is missing by a mile. To help you establish the right price for your house, consider these informative guides:

• Understanding Market Conditions
• Guide to Accurate Pricing
• Where Does Your House Rank?
• Tips to Negotiate Like a Professional

Put Levi Salmans to work for you. With nearly 20 years of real estate experience in Orlando – and 1,000 homes sold – Levi can guide you to a quick and hassle-free sale.

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All Articles:
1. Condition
2. Price
3. Availability
4. Realtor
5. Terms