What Are You Saying With The List Price Of Your Home?
Scott P. Rogers
Let's say buyers, sellers and Realtors in our local market would all agree that a house is worth $275,000.
Here are a variety of list prices that a seller might consider...
- $269,000 = Let's get this sold. Fast. Multiple offers welcomed and expected.
- $275,000 = My price is fair. Make a strong offer.
- $279,000 = It's a seller's market. so I'm being a bit optimistic.
- $285,000 = Prices are up, man. Pay up!
- $289,000 = My house has immeasurable value. You shall pay for it.
- $299,000 = I don't really even have to sell.
As you are pricing your home for sale, be intentional about the pricing as it relates to your home's market value so that you are saying the right thing to buyers -- and so that you will hopefully see the results you'd like to see.
