Lincoln, NE Real Estate Blog

House Pricing Tips- posted September 5, 2012

 

Overpricing your property, even by a little, can…

- Reduce agent showings
- Minimize advertising response
- Eliminate interested buyers
- Attract unsuitable buyers
- Eliminate potential offers
- Help sell competitive homes for sale
- Cause problems with appraisals
- Increase holding costs
- Increase maintenance costs
- Lead buyers to ask the question, "What is wrong?"
- Lead to buyers to do "scared negotiations"
- Gives the first impression that you do not want

 

Benefits of proper pricing can…

- Cause a faster sale
- Minimize hassles and inconveniences
- Attract the right target market buyers
- Increase agent showings
- Encourage stronger offers
- Increase net proceeds
- Create a sense of urgency in the buyer
- Encourage multiple offers
- Create an "in industry" buzz
- Causes compliant buyers
- Lessen "nibbling" after the close
- Lessen buyer's remorse

Let us match the pricing philosophies to your goals!

 

Jason Korn
The Korn Team
RE/MAX Real Estate Concepts