Wanting to price your home higher than your agent recommends is commonplace, but in many instances misguided all the same. Of course, you want to set the price high. The higher you set the price, the more money you make, right? Wrong!
Overpricing a house will backfire, making it harder or
impossible to sell the home. When you finally do lower the price, you will
probably have to lower it to the point where you make less money than you would
have if you’d priced it reasonably in the first place. Homes priced correctly
from day one always sell for more money.
Avoid an open house by deferring showings. While open houses
may seem to be an integral part of selling, they have a lot of drawbacks that
sellers are not aware of. The people that show up during the open house will
include window shoppers without the financial means to buy the home, neighbors
who are just curious, and possibly burglars. What many sellers don’t realize is
that open houses increase the odds of a robbery.
It is hard to overstate the importance of hiring a good real
estate agent. No matter how much you research real estate advice, it is
essential to recognize that every strategy has its weaknesses. The person best
qualified to decide your homes for sale approach is your agent.
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