Beyond the Sign – Price it Right

From buying to selling, the price can sometimes be very daunting. 

When it comes to listing a home, the price can be everything. Pricing a home too low may mean that the sellers may not get top dollar, and pricing a home too high may deter buyers. It’s so important to have a home priced right, the moment it hits the market.

What Goes into Pricing a Home?

As a homeowner, you want to ensure you have a real estate agent on your side who can help ensure your home is listed for the best price. Factors that real estate agents may use in pricing a home may include a variety of factors to help guide them to the perfect listing price for your home.

These factors include:

• Recent sold data, houses that are currently on the market, and even those listings that were canceled or expired in your neighborhood. And remember, just because two homes may look the same on the outside, doesn’t mean that they are worth the same; there are many factors including upgrades and maintenance that go into pricing a home.
• Market trends for your area and the entire city. It is essential to compare the data to market trends. The real estate market is continuously changing, and pricing can vary from year to year. A significant trend right now is multiple offers, and this can affect the listing price as the price must allow room for offers.
• The condition of your home. It can be hard to look at our own home to determine the value objectively. Where you may see beautiful memories, someone else may see something that needs to be replaced. Your agent will be able to give an unbiased opinion when it comes to the value of your home.
• Knowledge and Experience. A real estate agent works in this market every day, and their practical experience in your neighborhood can outweigh any stats or trends.

Whether you’re looking to buy or sell in the Kamloops area, for a greater probability of success you need a dedicated professional. I can guide you through the process and be counted on to protect your investment!

Categorised in: Kamloops, Real Estate, Sellers, Sellers

This post was written by kamloopshomesearchcom