South Jersey Real Estate Agent: Why Is It Crucial You Price Your Home Correctly Right Away?

Описание: If you’re thinking about listing your home, I think it’s a safe assumption you’ll want a quick sale for top dollar. The best way to achieve that is by making sure you price your home correctly. Overpricing leads to low-ball offers and an abundance of time sitting on the market. It’s crucial your home has the right price tag right off the bat. To see exactly how pricing will drive the momentum of your home sale, watch this video.

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THE JEFF QUINTIN REAL ESTATE SUPER TEAM
SOUTH JERSEY REAL ESTATE SPECIALISTS
Direct.609.398.JEFF (5333)
Office.609.399.0066
[email protected]

  / 325019410872499  

TRANSCRIPTION:

I’ve got some great news for you! Today I’ll go over the importance of pricing your home correctly and share a study we use to highlight the benefits of making sure your home enters the market at the right price.

The first five months of the year represent 55% to 60% percent of our annual transactions, and the next three months are crucial to properly positioning and correctly pricing a property for the market. January, February, and March don’t have the distractions other months do. Holidays like Valentine’s Day and St. Patrick’s Day aren’t as huge, and people aren’t getting married or taking vacations as often in those months.

Fewer distractions mean more time to devote to the market for both buyers and sellers. That’s why it’s so important to make absolutely sure your home is priced correctly. In fact, I highly encourage you to look over our “Right Pricing” study located here. It’s a study that shows why pricing your property correctly the first time is crucial to your sale. The last thing you want to have to do is chase the market.

Here are some issues you’ll run into if you overprice your property.

Eliminates the sense of urgency for the buyer
Extends the marketing time
You’ll keep being asked for price reductions

The biggest pitfall to overpricing your home, however, is that it puts the buyer in control. When you overprice, it encourages low-ball offers and bottom feeders. Those buyers understand that you have been on the market for a long time, and the longer you’ve been on the market the less they are going to offer.

If you list your property at the right price to begin with, you’re going to attract buyers and offers. Even if you turn down some offers, it’s better not to overprice and help sell the competition. Here are some benefits to starting with the correct price right out of the gate.

Promotes buyer and agent interest
Generates more showings
Creates a sense of urgency
Sets the stage for multiple offers

We have sold 12 properties so far this month, and they are averaging a sale price of 98% of list price. Pricing a property correctly will net you more money for your home and make sure you are in control. Make sure you take a look at the study!

If you are thinking about listing your home, give me a call so we can talk about a pricing strategy. As always if you have any other questions don’t hesitate to give me a call or send me an email. I look forward to hearing from you!