Pricing Your Home to Sell

                                        Pricing Your Home to Sell is a critical decision!                       


Selling your home can be extremely stressful.  Trying to decide on the right listing price will require good reasoning & proper evaluation of many factors.  The right selling price is determined by current supply & demand, economy, location, house sold in area, area listings, Toledo area research,  important facts, condition of home, square footage, competition and time frame the seller is targeting.

Things that you think are valuable may not be to the potential buyers.   On the other hand, if your home has features that are currently considered high in demand, your'll have more interested buyers.  Know some facts that  a home offering  high demand or popular trends, can not only add value but help sell your home. 

A Good realtor  knows the market & will help find buyers that are looking for exactly what your home is offering.  A Top Agent knows how to evaluate the right price and the potential buyers that are more likely to make an offer on your home.  Many say their biggest regret is not pricing the home correctly when they first listed it. They wished they would have taken the realtors advice, saying they ended up at the Price they should have started at and could have sold their home earlier.

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                            Here you can find some Helpful Tips about Pricing Your Home to Sell  

Pricing your House to Sell
by: Bonny Puckett

Tips to Pricng Your Home
Realtor.ogr

Pricing Home to Sell
HGTV

  12 Tips to Pricing


Pricing Your House Right
by: E. Weintraub

How to Price Your Home
by: Marcie Geffner

Fool Proof way to Sell
by: R. Garison

  What is My House Worth?

  Pricing your Home Correctly is the quickest way to Sell Your Home and move onto
 better things.  Choosing an Agent that has experience, proven record and top in their
 field is affordable.  On average most agents charge the same.   
 This may be the only time that getting One of the Best in
 N.W. Ohio to work for you,  won't Cost More.  Putting your most valuable asset in the
 Hands of The Best is what Einstein says being smart is all about.  You would only
 choose a specialist to do heart surgery.  So what makes a Realtor a specialist- Experience,  Education, Proven Sales Results and Natural Abilities that only Top Agents Have.

Understanding the Real Estate Market

1. If your house is not being shown, it means the buyers think the price is too high for the neighborhood. 

2.  If your house is being shown, but you are not getting any offers, it means the buyers are finding nicer homes for the money.

3.  When you house is in the running, but the buyers purchase something else, it means your pricing is close.

4.  When the buyers book a second viewing, but still purchase something else, this means you are right on target.  Evaluating those feed-backs will be key at that point.

5.  According to the National Association of Realtors, if your house is priced correctly, you should get one offer for every ten showings!

                     Pricing your home in a rising and falling market           

A.  Overpricing in a rising market may be OK
B.  Overpricing in a falling market is disastrous
C.  Market trend is as important as pricing.  Make sure your agent understands the market

Benefits to Proper Pricing:

A.  Faster sale which will save carrying costs and surely has value.
B.  Less Inconvenience
C.  Exposure to more prospects
D.  Better response from advertising the sale calls
E.  Attracts higher offers
F.  Means more money to the seller

Reasons for Overpricing:

A.  Over improvement - Buyers don't expect to pay the original cost of Improvement in a falling market.
B.  The need for money does not increase the value of a home.
C.  Original Purchase Price was higher than market is bring at the time of sale.
D.  There is an impending corporate buy-out, this does not increase the value.



 Real Estate Quotes & Notes:

* Homes Sell at a Price buyers are willing to Pay. 

* Real Estate is one of the only Businesses where you can HIRE the best at the same Price.
   Victoria has been a top agent year after year Locally and Nationally.

* "When you hire people smarter than you are, it proves that you are smarter than they are" H.Ford

* "The best investment on earth is earth" Glickman

* "90 % of all Millionaires became so by owning Real Estate."  Andrew Carnegie

* " It's tangible, it's solid , it's beautiful, I love Real Estate." Donald Trump

* "Don't let what you can not do interfere with what you can do."  John Woodman

* "70% of Buyers Search on the Internet.  You need an Agent who has the knowledge
   and experience to get  those 70% internet home searchers,  See your Home. . 

* Victoria as been Awarded by Danberry and Realtor.com (#1 Real Estate Website) for her
  advanced Websites and Internet Success.  Numerous Websites, one just isn't enough!

* Get Inspired with Inspirtional Good Quotes- Find one that works for you.

 

The Role of the Realtor In Pricing

There is no "exact price" for real estate.  The market determines value... together we determine the best price point.  I'll bring the market... the market brings the price.  By showing you a range of prices being paid for home in the area, you can find the best price range.  And you determine the price based on factors you control:
    * Market Time    * Finacncing Alternatives Provided   * Condition   * Exposure Methods
Never select a Realtor based on Price!

Problems Arise from Overpricing

Once you've decided on a price and listed your home, you will have a better idea if your've priced correctly.  Here are some signs of overpricing your home to sell.  Lake of showings, minimal MLS participation, buyers are reluctant to make offers, it helps sell the competition, Appraisal problems, reduces advertising response.  Your property is competing with properties in another price range and selling goals are delayed.  And you'll see that your property gets "market worn" and doesn't sell.  This is why evaluating the right listing price is so crucial in obtaining a Successful Sale!

Think about it this way:

If there are four gas stations located on one corner of an intersection, which one would sell the most gas?
       *Station A   $3.66         *Station B   $3.76       *Station C   $3.89            *Station D   $3.94
Obviously Gas Station A will sell more than the others because they are offering the exact item for a better price.   Your home may not be right next to the competing homes for sale but potential buyers  will be viewing neighboring homes in the same price point.  Your home has to have more to offer, out shine or have a lower price.  Because both  sellers are in the same market conditions and same location which means your home must beat the competition in a potential buyers eye. 

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Contact Information

Photo of Victoria Luhring's Executive Home Team Real Estate to Luxury Homes in Toledo
Victoria Luhring's Executive Home Team
The Danberry Co. Realtors
3555 Briarfield
Maumee OH 43537
Cell : 419-460-5587
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