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How to Price Your Home to Sell

Price it right the first time

While it may be tempting to start out at a higher price point and test the waters, it’s not generally recommended. In a healthy market, a home that is priced well will sell rather quickly. If your home is priced too high, it’s going to sit on the market awhile, making it “stale”. Buyers will often assume that there is something wrong with a home if it’s been sitting too long or if the price has been dropped. This could lead them to the conclusion that they have bargaining power. By pricing your listing at fair market value from the beginning, you’re much more likely to receive favorable offers that meet the pricing and requirements you desire.

Consider curb appeal

You want to make a lasting first impression, both in person and online. It’s well worth it to invest in a fresh coat of paint on the front door, and put out a new doormat or potted plant. Go through the house and pack up any “extras” that cause clutter and complete any small repairs. Depending on your furnishings and your budget, you may Painted front doorwant to consider staging your home as well.

Pictures are worth a thousand words and can be the determining factor in a buyer choosing to view your home. Quality photos are key to a polished presentation both online and in print materials. An experienced photographer will know how to make your home look it’s best; from the time of day they choose to take the photos, to the angles and lenses used.

Trust your agent

Understand that your agent has the tools and experience needed to determine the current market value of your property. By considering the unique features of your home and comparing recent listings and sales in your area, they will guide you in choosing a fair and attractive list price. When your home is priced right, your agent is able to support your list price by negotiating on your behalf to get the best terms possible.

At Elite Realty, our agents are focused on getting qualified offers at the highest price. In addition to accurate home valuations, we offer the latest in technology and marketing tools to provide professional representation on all mediums possible. To learn more about our Las Vegas real estate agents can help you sell your home, please contact us at 702-835-5255.