Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Thursday, November 14, 2024
Balance!
For much of the past few years, being optimistic and being realistic about pricing your home were one and the same.  The last similar home sold for $450K?  Let's price your home at $475K.  Three offers within days.  Yahoo!

But now, higher mortgage interest rates are pricing some buyers out of the market - which makes it ever more important for home sellers to find the balance between being optimistic and realistic when pricing their home.

The last similar home sold for $450K?  Perhaps we price your home at $449,500. 
A competing home has been on the market for 60 days priced at $455,000?  Perhaps we price your home at $445,000.

We can't just throw any price on your home and hope for the best -- we must do a careful analysis of the market, including past sales and current competing listings before determining a final pricing strategy for your home.