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    Hitting the Sweet Spot When Pricing a Home in an Appreciating Market

    Price Matters

    Have you ever sold a car and consulted a website such as Kelley Blue Book to determine its value? The software tracks recent sales of cars of the same make and model and then provides a range of values based on relative condition. This makes it very easy for you to price your car so it sells. 

    Similarly, we study the real estate market every day and can provide you with a range of values for your home that will ensure it sells. This is referred to as the market price, that is, the price the market will bear. To determine an accurate range, we will study similar homes in the same or nearby neighborhoods that have sold recently. These are referred to as “comps”, homes that are comparable to yours.

    However, do not be fooled by the listing price of other properties currently for sale near your home. It is not an accurate reflection of what buyers are actually agreeing to pay. When you choose to price your property above market price, there is a strong chance that your house will take longer to sell. In fact, research tells us that for every percentage point above the suggested list price, the house will spend approximately 5 more days on the market.

    Top Pricing Considerations

    We will consider the following factors when determining the price of your home:

    Top Pricing Consideration

    We represent you along your entire journey and earn our pay when it comes to offers made, options requested, and other sticky negotiation points. Our experience and knowledge is critical to not only getting your property sold, but getting it closed!

    Your ultimate goal is to get your house sold quickly for the most money and as hassle free as possible, and we will assist you in getting there.

    There are many great Austin area homes for sale. Click here to perform a full home search, or if you’re thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today’s market.

    You may also call us at (512) 537-6739 for a FREE home buying or selling consultation, so that we may answer any of your real estate questions.

    If you’re in the market to buy or sell in Austin, please contact us. You can reach us at (512) 537-6739 or go ahead and email us at homevalue@heylrealestate.com

     

     

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