Pricing is the Most Important Strategy To Sell Your Home in Maryland

 

A few months back, I prepared a video that provides the exact formula how to price a house to sell. You can watch it HERE

In this video, I described how mistakes during the pricing process when selling a home could be the kiss of death for some sellers.

 

The price of a home is defined and set by the homebuyer willing to pay that amount and the bank willing to lend that amount because the value of the house is similar and comparable to other sales.

 

When you are in the market to sell a home in Maryland, you must take into consideration your location and timing before you set the price

 

The location is a great indicator of the pricing of a house on a local level 

The timing is set by the home seller. 

How fast do you want to sell? 

If your timing is just a few days, then your pricing has to accommodate your wish

 

You must price the house to sell.

So, what happens when your house has not sold yet and you and your Realtor are clueless what to do next? 

Most often, an adjustment of the price could cure a stagnant listing...

This is why, If you home hasn't sold yet...check the price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?

 

If your house hasn’t sold, it is probably because of the price.

 

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.

 

Bottom Line

 

The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.

 MARYLAND LATEST LISTINGS

To show my commitment to my clients, I will utilize the latest technology, know-how and information allowing me to bring you the best and highest offer for your house.

To connect with me directly, 

Please call Fernando at 301-246-0001

Or via email:  Fernando@ReallyNiceHomes.com

 

If you are thinking of selling your home in a more traditional way... Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.