QUESTION OF THE DAY:
(SELLER QUESTION)
What are disadvantages of pricing my home slightly above market value?
TAWANA'S ANSWER:
Well, several factors may come into play:
*Your home may be on the market longer than the average listing
*You could lose qualified buyers and market interest
*A potential buyer may face appraisal and financing problems resulting from the inflated price
*You might create a negative impression of the property
*You could lose money as a result of making extra mortgage payments while incurring taxes, insurance and unplanned maintenance costs
*You may have to accept less money
Always remember, an effective marketing plan prices a home at or below market value and calls for a price reduction every 4 weeks.
What's Your Home Worth? Get three automated Estimates - Instantly by going here (no cost, and no obligation): www.bhhsne.findbuyers.com/tawanabourne
Download my FREE Sellers' Guide eBook for a more comprehensive and detail oriented guide to selling your property: www.realtortawanabourne.com
Feel free to call. text or email me, ANYTIME!
Tawana Bourne, Your Enthusiastic REALTOR 💖 💖
Berkshire Hathaway HomeServices
RealtorTawanaBourne@gmail.com I 860-834-1220
Stay Connected With Me on Social Media:
www.facebook.com/realtortawana
www.twitter.com/realtortawana
www.linkedin.com/in/realtortawanabourne
www.instagram.com/1realtor_tawana.bourne
www.realtortawanabourneblog.wordpress.com
RSS Feed
