Welcome to the ViewAndSearch.com Blog

2020-02-11 13:22:02
How Pricing Your Home Right Makes a Big Difference

How Pricing Your Home Right Makes a Big Difference | MyKCM


Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale.

If you’ve ever watched the show “The Price Is Right,” you know the only way to win the game is to be the one to correctly guess the price of the item up for bid without going over. That means your guess must be just slightly under the retail price.

When it comes to pricing your home, setting it at or slightly below market value will increase the visibility of your listing and drive more buyers your way. This strategy actually increases the number of buyers who will see your home in their search process. Why? When potential buyers look at your listing and see a great price for a fantastic home, they’re probably going to want to take a closer look. This means more buyers are going to be excited about your house and more apt to make an offer.

When this happens, you’re more likely to set up a scenario with multiple offers, potential bidding wars, and the ability to drive a higher final sale price. At the end of the day, even when inventory is tight, pricing it right – or pricing it to sell immediately – makes a big difference.

Here’s the other thing: homeowners who make the mistake of overpricing their homes will eventually have to lower the prices anyway after they sit on the market for an extended period of time. This leaves buyers wondering if the price s were caused by something wrong with these homes when in reality, nothing was wrong, the initial prices were just too high.

Bottom Line

If you’re thinking about selling your home this year, let’s get together so you have a professional on your side to help you properly price your home and maximize demand from the start.

 
Blog Archive
2020-02-18 20:43:49
The #1 Reason to List Your House Right Now!

2020-02-18 20:14:37
How the Housing Market Benefits with Uncertainty in the World

2020-02-18 19:54:37
How Trusted Professionals Make Homebuying Easier to Understand

2020-02-11 13:23:17
Homeownership Rate on the Rise to a 6-Year High

2020-02-11 13:22:02
How Pricing Your Home Right Makes a Big Difference

2020-02-11 13:20:30
Great News for Renters Who Want to Buy a Home

2020-02-04 21:16:57
Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

2020-01-28 15:15:02
Should I Sell My House This Year?

2020-01-13 07:12:45
The New Spring Real Estate Market is Here. Are You Ready

2020-01-13 07:10:27
Buying a Home Early Can Significantly Increase Future Wealth

2020-01-06 06:52:50
3 Benefits to Buying Your Dream Home This Year

2020-01-03 11:47:47
Top Renovations for Maximum ROI

2020-01-02 11:31:42
The 2020 Real Estate Projections That May Surprise You

2019-12-31 23:16:56
Expert Insights on the 2020 Housing Market

2019-12-23 07:56:49
2020 Forecast Shows Continued Home Price Appreciation

2019-12-19 21:15:48
5,300 Reasons to Be Happy You’re a Homeowner

2019-12-18 13:16:20
The Biggest Issue Facing Housing Next Year

2019-12-13 07:42:47
Get Your House Ready To Sell This Winter

2019-12-12 07:54:39
Holiday Gifts Are Not the Only Hot Things Right Now

2019-12-11 05:40:29
Have You Outgrown Your Home?

2019-12-10 07:40:11
A 365 Day Difference in Homeownership

2019-12-07 10:47:55
Millennials Are on the Move as First-Time Homebuyers

2019-12-02 15:55:14
5 Reasons to Sell This Winter

2019-11-27 06:35:29
Tips to Sell Your Home Faster

2019-11-25 21:03:21
7 Reasons to List Your House This Holiday Season

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.