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Sell Your Home in 8 Steps - Tip #3

April 26, 2018

TIP #3 Price Your Home to Sell

Setting the best price to attract potential buyers is a delicate balancing act. You don’t want to price your home too low or too high, but just right based on current market and data. If it’s priced too low, buyers may perceive that something is wrong with your home you. If it’s priced is too high, buyers may avoid viewing your home because it's out of their price range and risk your home sitting on the market for months.

Leave some cushion for negotiating. Many buyers like to wheel and deal, so set your sale price with a bit of wiggle room. Offering to cover closing costs allows you to stick to a higher asking price and helps to seal the deal.

A real estate professional will analyze recently sold home prices that are similar to your home, plus a review homes that are currently listed for sale to assess the competition. Joel Schantz will provide a Competitive Market Analysis (CMA) to help you determine the best listing price and probable sales price to strategically position and present your home to sell for top dollar in a reasonable time frame.

When buying and selling Taos properties, Joel Schantz is dedicated to bring the best possible results to his clients. Contact Joel today at 800.530.8899 or jschantz@newmex.com to receive a free Competitive Market Analysis on your home today.