Happy February everyone! We’re here to tell you that while football season may be over, another important season is already in full swing. What season is that, you ask? Home selling season.
If you’re planning on selling your home and you haven’t put it on the market just yet, you’ll want to do this ASAP. It’s also important to not just “test” the market with your asking price. Testing the market by setting your home’s price above what it’s worth, is a terrible, terrible strategy.
Let us explain.
To start, when you “overprice” your home, you’ll likely lose out on an important pool of house hunters. If a buyer’s budget is $350,000 or less, and you list your $350,000 home for $375,000 so you’ll have some “negotiating room,” there’s a very good chance that buyer won’t bother to view your listing. They’ll assume it’s out of their price range.
Listing your home’s sale price too high can also send house hunters running toward other “for sale” properties in your neighborhood. Why? Because they may view other listings as being a better value- even if they liked your home more.
Lastly, sellers who price their homes too high run the risk of having their listing go stale. When homes sit on the market for months on end, this often leads buyers to think there must be something wrong with the property. When you do drop your price, you may find you need to accept an offer that’s lower than what you might have gotten, had you priced your home realistically from the start.
Let our team help you achieve your residential real estate goals this fall and make it happen with the best possible outcome! Here is a handy list of unique sales tools we provide our buying and selling clients. Whether buying or selling, our tools are PROVEN to help you get the most from your transaction!
- Open House Search! The Paradise Luxury Group now has a website dedicated to showing you all open houses in the Southwest Florida area! No more driving around aimlessly – now you have a plan! Don’t forget to call your Paradise Luxury Group Agent to accompany you on your open house visits! Check out today’s open houses at https://paradiseluxurygroup.com/open-house-search/
- Detailed Market Analysis – Get active, pending, and all sold properties near your home or within your community within the past six months, as well as average sale price and the average days on market and more right HERE!
- New Streamlined Communications System – Our client resources and tools now reside on a dedicated server, making your experience faster and more convenient than ever! No other real estate team in Southwest Florida has the technical tools we have dedicated to serve you!
- Monthly Market Report. Let us present you with the most accurate data about your neighborhood including closed and active home sales. Visit: MarketReportSignUp.com
- Website Online Chat. Chat with our team in real-time to get your questions answered now!
- Elite Seller Feedback System – Take advantage of my sophisticated and exclusive system that provides valuable feedback from your showings via email, so you know what buyers are thinking.
- Interactive Home Illustration – Give buyers what they want to see with professional images and videos of your home!
- Superior Marketing Plan – Our marketing plan is unlike all others in this market! It will maximize exposure and get top dollar for your home.
- Updated Easy-to-read eMail Template – You’ll be able to review our messages and quickly access such as our featured listings, market reports, and quick links to various communities and all of our exclusive market tools!