The Right Selling Price Affects Your Bottom LineWhen you’re selling your home, the price you set is a critical factor in the return you’ll receive. That’s why you need an evaluation from a professional Realtor with experience in the Newport Beach communities. I can provide you with an honest assessment of your home - a Real Estate Market Analysis - using variables which include: - Market conditions
- Condition of your home
- Repairs or improvements
- Time frame
In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days. The Importance of a Real Estate Market AnalysisIf the price of your home is too high, several things could happen: - You limit buyers. Potential buyers may not view your home, because it would be out of their buying range.
- You limit showings. Other salespeople may be less reluctant to view your home.
- You provide leverage. Other realtors may use this home to sell against homes that are better priced.
- You keep your house on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”
- You will end up with a lower price. An overpriced home, still on the market beyond the average selling time, could lead a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you’ll probably get less than if it had been properly priced at the start.
- You will waste time and energy. A bank appraisal is most often required to finance a home.
Simply complete the form below, and I'll be glad to provide you with an evaluation of your home's value in today's market! Your privacy is always guaranteed. REALTORS® have known it for years – well-kept homes, properly priced in the beginning, will always get you the fast sale for the best price! And that’s why you need a professional to assist you in the selling of your home. |