PRICED TO SELL?... OR PRICED TOO HIGH?     


Sell at the top, but not OVER the  top..


As a seller, remember that buyers are shopping and making comparisons. They know the reasonable price ranges for properties they are interested in.

If you are priced above the market, they probably won't bother to look at your property. It actually will help your competion sell their house and your property can sit on the market for a long time.

When buyers shop, one of the first questions they will ask is, "How Long has it been on the market?"

Houses that are on the market too long can be passed by. Agents and buyers feel something must be wrong with the property.
In an active market, buyers and agents know the home has been passed up by many others.

The longer a house is on the market, the lower the offers will be. When buyers are looking for a "deal," they look for properties that are stale.

Keep in mind, most buyers will finance the purchase with a mortgage. Mortgage companies require appraisals by a licensed appraiser. It just makes good sense to price it right in the first place.

If you are selling "by owner," a licensed appraiser may be a good investment. They're not cheap.. They can start at about $250.00 
Among other things, an appraisal shows what other, similar properties have sold for. 

In the end, the sale price of your home will be determined by your Buyer.