Sacramento homes are selling at record speeds. When inventory is low and the buyer demand is high, sellers can see bidding wars and above asking price offers. In a seller’s market, the pricing strategy is key to getting the most for your home.
What is the best pricing strategy?
Listing your home over market value might not be the best strategy. Over-pricing your home can lead to it sitting longer on the market and ultimately having to drop the price. On the opposite end of the spectrum, underpricing can cause the home to lose value and deter skeptical buyers.
The best pricing strategy is to list the home at its market value. A fair-priced house will increase the number of buyers that come to tour the home. Increasing the home’s visibility can cause higher interest. The more competition for the home, the higher chances a bidding war will occur, which will lead you to get more for your home.
How do I find out the fair market value of my home? It is important to get an expert Real Estate agent on your side. With over 30 years of experience, Mo will determine the best list price for your home based on the current market conditions. He will ensure the sale of your home is smooth and successful. Get started now by requesting a Free Home Evaluation.