Posted 4.8.13 @ 12:26
When it comes to Oakville real estate, you probably CAN price your home too low. It’s March, and that means it’s the best time to sell – but only if you do it right! Our first inclination is always price it at just the right price… but what if there is no magic number? Everyone is different, and you’re going to be very careful about how you price your home. Always remember, there’s affordable and then there’s cheap. You don’t want to be cheap, be the home that everybody wants. Let’s get started, and see how you can price your home at just the right price.
You Wouldn’t Buy a $1 Home Would You?
Probably not. If you saw someone selling their home for a dollar, what would you think of them? Would you think they were desperate? Are they totally crazy? They tried to sell their home before, but it was just so odd that no one wanted to buy it?
You probably think they’re little weird, and that’s okay. When it comes to pricing your home, you need to be very careful. You want to whet their appetite, but you don’t want them to think you’re desperate.
Low Prices Freak Buyers Out
If you price your home to low, buyers wonders what’s wrong with this house. Sometimes, the enemy is selling can be thinking. You don’t want to put unnecessarily scary thoughts and worries into buyers heads. Homebuyers are anxious enough, they need to get worrying about things that aren’t actually a problem.
Pricing it Just Right
We can’t tell you the exact amount that you should set for the price of your home, the pricing at just below market value can help you get even more for your home. if the home is actually worth $600,000, you’re trying to sell it for $550,000, you’re going to be able to get a lot more buyers your property that’s more than its true value; you could even start a bidding war you, if you play your cards right.
Buyers have options when it comes to luxury Oakville homes for sale – which means you’ll have to get them excited about what you’re offering. Cutting them a small price break can help get them into a buying mood, but cutting them too much of a break will make them wonder why you’re selling for so low.
You just have to walk the line between scaring potential buyers away and getting them excited about your home. Sure, home staging plays a part, but if you don’t price your property right people aren’t going to buy it.
The whole process can be confusing at best – but that’s where we come in! When you choose the Goodale Miller team to help you sell your home you’ll get everything you need to be successful. Why make it harder than it needs to be? When you work with us, you get a friend in the real estate business! Call today and see what we can do for you.