Most Important Tip to Sell Your House Faster!
There are a lot of different aspects that can contribute to a home sitting on the market for too long. There are also many reasons that a home can sell very quickly! But the absolute most important factor to selling your home faster is to price it right! First impressions matter not only with curb appeal but with list price! Here are some reasons why:
Reaching More Buyers
- Listing at the right price can make all the difference in getting your house sold quickly. If you overprice it, you lose out on a number of buyers. For example, if you list your home for sale at $460,000, you just lost out on a large number of buyers that are receiving updates about any homes listed under $450,000.
Attract Multiple Offers
- Stick with the closest 25K because that is usually where a buyer will put a cap of their budget. And you dropping the list price $10k to list at $450,000 does not necessarily mean you will lose money. When a home attracts the right attention, it can have multiple offers which can actually drive the price up.
First Impressions matter with Price
- Listing too high and having to lower the price eventually also takes TIME! You could be sitting on the market 30 days before your realtor pushes you to reduce the price. Homes also get the most interest when they are first listed. If a buyer sees your home was reduced into their price range, instead of being excited about seeing it, they may wonder what is wrong with it that it needed to be reduced.
Every home will sell if it is selling for the right price!
If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!
Jennifer Young Homes
Keller Williams Realty