Home Seller FAQ’s | Q:How do I know how much I should price my home for sale?

Q: How do I know how much I should price my home for sale?

A: The truth is, price is determined by your local real estate market, not by your Realtor®, and not by you. Of course you ultimately decide how much you want to price your home for but that doesn't mean it will sale at that price or at all. In fact when you insist that your property be priced above the current market, your property will likey not sell.

A good Realtor will not take your Listing over priced, mostly because it is a huge waste of their resources. Remebmer, your agent carry's the cost of marketing your home, he or she does not get paid unless it sales. If your home doesn't sale, they are out those expenses. Not a smart move on their part. And, if you find a real estate agents,who despite market value, agrees to take your overpriced listing, it’s called buying the listing. They agree to your price just to get the listing. Once they secure the listing, they continuously ask for price reductions. Ultimately, even if you do reduce your price in the future, you will most likely get less of a return then you would have if you would have priced your home properly from the begining. Remember this: Over Priced Homes Sell Slower And For Less!

It is so important to price your home right in the beginning. It is a proven fact that you will receive the largest number of showings on your property in the first six weeks on the market. So hopefull now you can see why it is so important to price your home properly when it hits the market.

Follow this link to more Home Seller FAQ's

Copyright © 2011 By Stephen Munson-Munson Realty Southern California Real Estate –Homes In Los Angeles For Sale*Home Seller FAQ | Q:How do I know how much I should price my home for sale?*