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Price Your Home Correctly From The Start

March 9, 2012 |  Article By :   | 

Price your home correctly from the start.  Your property will generate the most attention and showings in the first weeks it‘s on the market.  For best results, you should list it at a realistic price right from the beginning.  If your price is too high relative to the competition, the right buyers will not even look at an otherwise attractive property— particularly during the critical stage of initial market exposure.
Be aware of the effects of overpricing!  Don‘t start with a high price and the assumption you can reduce it later.  By the time you decide to lower the price, it may be too late, as interest will have already waned.  Once the price has been reduced, potential buyers become wary and wonder why the property hasn‘t sold.  In the end, you will probably have to settle for a selling price below market value—and you will have wasted precious time in the process.

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