The asking price set for your home significantly affects how much you will profit and how long your home will sit on the market. Your Spinway Homes real estate agent will have a vast knowledge of the current market and what’s selling, or not selling, which will assist in determining the asking price.
Some things to consider when selling your home:
Time: When it comes to the real estate market, time is not on your side. Although there are many other factors that influence the outcome, time is one of the largest determinant in whether you receive a profit and how much you will profit. The longer a home stays on the market, the less likely it is to sell at the original asking price.
Cost vs. Value: It can be easy to confuse cost with cost. How much you value your home may differ from what buyers are willing to pay for it. When determining the price for your home, don’t place too much emphasis on home improvements. Some buyers may not share your same taste. For example, not everyone wants hardwood floors throughout the house.
Keep it simple: Keep in mind time is of the essence, so make sure it’s easy for the buyers. Stay flexible on times your agent can schedule showings. Also, try to avoid placing contingencies on the sale. You don’t want to lose the sale just to have a more desirable closing date that would make for a smoother transition between homes