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The Real Secret To Pricing
Your Home For Sale

By Noel Peebles

I know that headline sounds a bit dramatic, but I wanted to get your attention
to explain a simple point that many house sellers miss. It relates to pricing your
home for sale.

A successful house sale is all about 'pricing your home TO SELL'. There is no
point in overpricing your home, particularly if you want to sell within a
reasonable time frame. That doesn't mean giving your home away for next to
nothing. It just means being realistic and listening to what the current real
estate market is telling you.

Price is usually the most critical facet in selling a home. Just as you want the
best value for your money, the buyer of your home will want the best value for
his or her money too.

Unless the buyer knows something you don’t, or unless they are stupid, it is
unlikely that they will pay more than what your home is worth in the current
real estate market.

There are exceptions to the rule. Two buyers could end up fighting over your
home with the winner paying more than the true market value.

A good real estate agent, or Realtor, will try and get more than one buyer
interested in your home.

A buyer really does not care about how much you might want or need. The
buyer really only cares what the property is worth to them. What you want or
need has no bearing on the current market value. Your home is only worth
what someone is prepared to pay for it. In most cases the price you get will be
at, or about, the current market value.

The Danger Of Overpricing Your Home

What do you think are the chances of getting a buyer through your home
when it's overpriced?

Not good.

By over pricing your house you run the risk of failing to any offers at all,
because you are completely missing the market. No buyers, no lookers, no
offers, no nothing!

If you need to sell your home in a hurry, then in most situations, you may be
best to price your home for sale at, or below, the current market value.

If time is not so critical, then you may want to set your sights on above the
current market value.

A good real estate marketing campaign can only do so much. Price, value for
money and buyer demand will determine how quickly your home sells.

Find out how to create WIN-WIN real estate deals to make both buyer and
vendor happy. How to structure real estate deals so you make more on each
deal and eliminate your risk! Click Here

Disclaimer: This real estate article does not give financial or legal advice.
When buying or selling real estate, or taking out a mortgage/loan, or
restructuring a mortgage/loan -  ALWAYS seek proper legal and financial
advice. See disclaimer below.

How To Make Money Buying Or Selling A Home - CLICK HERE
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