How to Price Your RCFE Home the Right Way
When it comes to selling your RCFE, you want to get the best price possible. That could explain why so many RCFE homeowners are eager to sell in today’s market. After all, many RCFE houses are selling for more than the asking price due to record-low availability and tremendous buyer demand. According to the National Association of Realtors (NAR), 46 percent of properties are selling for more than their asking price today.
Even in a market like ours, consulting with a professional agent to determine the proper asking price is crucial, since pricing it too high or too low will hurt your chances of selling. This is why.
The price you decide to list your home for sends a message to potential buyers. If you price it too low, you risk raising concerns about the quality of your home or leading buyers to believe something is wrong with it. Not to mention, if you undervalue your home, you may be leaving money on the table, reducing your future purchasing power.
On the other hand, if you price it too high, you risk scaring away potential purchasers. If this happens, you may need to lower your price to reignite interest in your home after it has been on the market for a time.
Too low, but exactly on the money. If you price your home reasonably based on current market conditions, you’ll have a higher chance of attracting more purchasers. It’s also more probable that you’ll witness a bidding battle as a result of this. And if there’s a bidding battle, you’ll almost certainly obtain a higher ultimate sale price. Plus, lucrative RCFE properties that are priced correctly and have little deferred maintenance sell rapidly.
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