Is Your Home Priced Too High?

2025-03-04T01:15:01-06:00

Even if your house is staged and well-maintained, it is only worth what the market will bear. To increase your chance of a quick sale, consider these signs that it may be time to adjust your selling price. Low Traffic Are you limiting your exposure? Since most buyers sort listings by price and location, your home might not be showing up in search results when compared to other properties in the area. Long Time on Market A recently renovated kitchen or bathroom often increases the home’s value. However, if your home has been on the market for a while with no viable offers, that could be an indication that the upgrades don’t match the buyer’s expectations. Homes Nearby Selling Faster Buyers often compare several listings to find the best value before making a decision. Have you done a comparative market analysis to make sure you are remaining competitive? Receiving Negative Feedback Sentimental value can often be a driving force in setting the price of the home. To get a more realistic view of your home’s worth, learn how potential buyers perceive your property by paying attention to the feedback from showings. Ensuring that your home is competitively priced is a crucial step in the selling process. Ask your REALTOR® to assess the current market and help you set the highest realistic price for your home.

Is Your Home Priced Too High?2025-03-04T01:15:01-06:00

The Pre-Listing Plan You May Be Neglecting

2021-06-08T01:16:49-05:00

If you’re selling your home, you’ve probably thought about the work that needs to be done before listing—painting, a deep clean, or yard work, for example. But have you put any thought into what you’ll need to do once the house sells? What if it Sells Fast? In the hottest markets in Texas, some homes are selling within hours of being listed. That’s great for sellers who know their next move. Do you? If you got an offer on your home the same day you listed it, would you be ready to accept it and find a new place to live? Consider Your Options If you aren’t ready to buy again, you could rent for a few months. But that means potentially moving everything you own twice. Maybe you could make arrangements with the new owner to temporarily lease the property, or you may be able to counter the buyer’s offer with a longer closing period to allow yourself time to find a new place. However, both options can mean more paperwork and a tight timeline for you to buy. Work With an Expert If you’re thinking of selling your home, first talk to a REALTOR®. He or she will help you prepare for your next step before you have to make a rushed decision. A little planning may help you avoid having to leave your home sooner than expected.

The Pre-Listing Plan You May Be Neglecting2021-06-08T01:16:49-05:00

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