Spokane Real Estate Blog

Hello Everyone,

I want to touch on this subject because even though we may think it is common sense, Price is one of the biggest factors in selling a home. Home Sellers get information from Real Estate Agents as to what the home might be worth, but ultimately they set the asking price.

Now I said a key phrase there ‘asking price’ Remember the public doesn’t care what you think the home is worth or what you need to get out of it. They are looking at homes similar to yours and will know right away if you are priced right or not.

One of the big problems with overpricing a home is that homes are sold in price brackets, like 200-250k, 250-275k and when you ovewr price your 250k home at 255k you actually price yourself out of your bracket and now you are the worst home in the next bracket up. I have understood this strategy for years and have used it to help my clients really find top dollar for their home while still getting it sold.

What does this mean? Well the advice you get needs to be great and on point and not every realtor will have the expertise to tell you. Second, you need to listen to the expert and let them sell your home for top dollar. If you can’t handle the numbers than you’re really not sellling your home. You just have a sign in your front yard.

This is why picking the right agent is so key to your success and tell your agent you want the real numbers. If you are pressuring them for high numbers you may get what you want but the home won’t sell. Visit our website and click on Our Marketing Plan to watch a short video on what we do that our competition doesn’t to get homes sold.

This entry was posted on Thursday, February 7th, 2008 at 11:47 am and is filed under Home Selling Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.