Deciding the value and asking price of your home is a crucial task before listing it for sale. A lot of homeowners try to attract higher offers by investing in home remodeling projects, such as decluttering the home, sprucing up the lawn, or updating the lighting fixtures. While these can contribute toward increasing the value of the property, choosing smart pricing strategies can do that without involving any physical labor or financial investments.
Here are some ways you can price your home to attract higher offers.
Competitive pricing
When deciding to sell, the single most important factor is setting the right price. By setting it too low, you might lose a lot of money. If you go too high, you might turn off potential buyers from making an offer.
A simple technique for deciding the right price is by looking at comparable homes and their asking price. This way, you’ll be able to see the market from the buyer’s perspective and set a reasonable listing price.
Consider using value range marketing
This is a pricing technique used by expert real estate investors. It can bring in more showings and higher offers. The technique involves listing the house in a price range instead of a specific asking price.
To choose the range, you need to figure out the amount you’d immediately sell your house for, if the buyer offered you a check today. Then you need to choose a lower amount, which is the least possible offer you would entertain and can use as a starting point to negotiate toward a middle ground. For example, instead of asking for a flat $229,900 for your home, consider listing it between $224,900 and $229,900.
Hire an experienced local listing agent
You stand a better chance of selling your home for a good profit with a local listing agent than attempting it on your own. They’re more aware of the prices of comparable homes and the local real estate market. Take out time to research top real estate brokers within your area and ask for recommendations from family and friends. Interview a few agents to see if they understand what your real estate goals are before making a hiring decision.
If you’re looking for one of the local real estate agents Mechanicsburg or Camp Hill, PA, get in touch with Smith Top Team. The dynamic father-son duo has a collective experience of 40 years in Pennsylvania real estate market and can help you sell house fast in camp hill!
Contact us today at 844-TOP-TEAM for incredible real estate opportunities!