Sunday, December 14, 2008

Incorrectly Pricing Your Home!

When you are getting ready to put your property on the market, there is a myriad of things to think about, to prepare for, and to organize. Here is a short list of some of the pitfalls to watch out for.

Deadly Mistake Number # 1

Incorrectly Pricing Your Home

Every seller wants to net as much money as possible when selling their home. Unfortunately, a listing price that is too high often gets the seller less than a listing priced at market value. If your house is not priced competitively, people looking in your price range will reject your house in favor of other larger homes for the same price.

At the same time, the people who should be looking at your house will not see it because it is priced over their heads. Overpricing usually increases the time on the market and that adds to the seller's carrying costs. Ultimately, many overpriced properties sell below market value.

Once you understand the principles of pricing your home, you will know how to sell your house for the best price. To help you avoid costly mistakes related to pricing your home… just call our office at 704-564-0807 and we will deliver to you a FREE Market Evaluation of your home.

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Charlotte North Carolina Real Estate Professional. Visit our site www.RichFerretti.com