Home Pricing Mistakes and How to Avoid Them
When it comes time to sell your Tampa Bay home, you’ll want to gain the most amount of money while selling quickly. And people have come up with all sorts of crazy strategies to sell their home … with very few success stories. So here at Duncan Duo & Associates, we’ve come to debug the myth and strategy to selling your home. The last thing home sellers want is for there listing to sit on the market and be a money drain for them. That’s why finding the right price will not only put your listing on a competitive edge, but will also sell quicker at top dollar.
Mistake #1: Forgoing Research on Your Home
Knowing what other homes sell for in your area is key to success. If you’re listing your home at a million dollars while 2 homes down is selling for $400,000, most chances are people are going to look at the other house no matter how good yours is. Placing your home at the right price, based on other listings, will give your property a competitive edge. Use the market to your advantage. You may even be able to sell your home at a better rate than you thought.
Mistake #2: Pricing Too High From the Start
Following research on the housing market, you don’t want to price your home to high in the beginning. If you do, your listing will end up