Let’s Look At One Of The Most Important Issues Regarding Selling Your House… THE PRICE!
The first thing to remember is that the market determines the price.
Not you and certainly not a real estate agent.
In other words, your house is worth exactly what a ready, willing, and able buyer will pay for it.
Not a penny more – not a penny less! If you price your house such that it is a “Steal”, it’ll sell faster.
But, if you want to get more for your house than other people with similar houses are getting, it’s going to take a lot longer.
You’d be surprised at how many people overprice their houses and then can’t understand why it won’t sell.
In fact, if a house takes longer than a few weeks to sell, that’s often the reason.
But, The Price Factor Doesn’t Stand Alone…
It fluctuates considerably with the rest of the “Deal”.
For example:
If you want an all-cash sale, which closes quickly, you’ll generally get less than if you’re willing to wait for someone to arrange a mortgage.
If you’re willing to offer some owner financing, you’ll often get more for the house.
If you want to sell quickly, you’ll generally get less for the house. But if you can wait for that “One in a Million Buyer” you may get more.
If you’re willing to invest the money to spruce up the house and make it the nicest one on the market, you’ll generally get more. If you aren’t willing to do any repairs, you’ll generally get less.
Don’t underestimate these price fluctuations. Often, the selling price of similar houses can vary by up to 30 or 40 percent based on the above factors. And, the time it takes to find a buyer can vary tremendously, too. In fact, the time it takes to sell similar houses in the same neighborhood can vary by several months (even as much as a year).
We know this was a lot to throw at you, but if you are interested in speaking with us about selling your house then give us a call.
We can discuss the best option for you, and also give you a fair no-obligation offer.
We’re Always Looking To Buy Houses!
Good Luck
Capable Home Buyers