Pricing Your Home
Proper pricing is imperative when selling real estate. That being said, home values are always changing with varying market conditions. What we know is that an overpriced property will never sell. And if it’s underpriced, then you potentially leave some money at the table. Ivan Larco Real Estate is on a mission to give our clients A Five Star Experience™. What that means when pricing a home is that we take a comprehensive look at multiple factors when suggesting a listing or sale price.
Pricing your home is both an art and a science. Achieving the optimal price is the result of both objective research into Comparable Properties, Years of Listing Experience and the Status of the Current Market.
The right price should:
The simple fact is, price is the number one factor that most homebuyers use to determine which homes they want to view. And it's important to remember that, although the price is set by you, the value of the home is determined by the amount of offers submitted and the offering price. Overpricing, which could lead to the house sitting on the market for a long period of time causing buyers to think that there is something potentially wrong with the house, is a common mistake that can cost you in the end.
The Importance of Proper Pricing:
What really matters is how your home stacks up against the others currently offered for sale and recently sold in your neighborhood. Buyers will be comparing.
Common Reasons for Overpricing:
Dangers of Overpricing:
The Role of a Real Estate Agent in Pricing
An agent has NO control over the market, only the marketing plan. Never select an agent based on price.
Would you like to know your home's estimated value? Just fill out and submit the form below, and we'll analyze the comparables, local trends and other local market data to provide you with an up-to-date and accurate estimate of the worth of your home or condo.
All personal information collected by Ivan Larco Real Estate is done so exclusively with your consent, by means of a form posted on our website, an email received from you or by telephone. No information is collected automatically.
Let's discuss the details of your ideal home, the home buying process, market conditions, and any other concerns your might have.
We will ensure that you have A Five Star Experience™ with Ivan Larco Real Estate.