How Do I Set The Price On My House?
While this video simplifies things to help you, remember:
Your aim is to get the best price AND terms in your market during the period you’re selling.
Market conditions interest rates and competition all matter.
The price you want, and the price a buyer will pay are framed by those complex conditions
So pricing isn’t completely predictable.
But if you price it right, you’ll be handing over the keys soon to your buyer!
Buyer’s consider these important factors:
- How your home compares to other homes for the same buyers
- The inventory of homes and the level of buyer demand
Your needs also affect negotiations – for example, if you must sell quickly – but the final price will be determined by the market not by your needs.
Buyers look at the same comparables and market conditions and they want to pay as little as possible while meeting their needs.
Remember that the price isn’t the entire deal – repairs, closing, points, appliances and other factors can all change the value you finally receive.
Listen to your broker, stay informed, be patient if you can and make your best reasonable, unemotional decisions.
If you need more tips on selling your home, please don’t hesitate to call us at First Title & Abstract, Inc. We’re more than just the best title company in Naples and Marco Island! We’re your trusted advisor through every step of the transaction.
At First Title & Abstract, we believe in “Putting You FIRST!”