Many people rely on the price they paid for their home as a starting point for selling, but with the ever-shifting tides of the real estate market, the price paid is not always the best metric to go by. If you’re putting your home up for sale and are looking for the ideal price point, here are some ways you can arrive at a number that will keep potential buyers interested.
Your Home List Price, Should You Lower It?
October 24, 2013 by
Are you trying to sell your home and finding that it is not selling very well? This might be due to a number of reasons that you can’t control, such as its location or the fact that the home layout is somewhat unusual. If you are struggling to sell your home, there is one factor that you can alter that might change things â the price.
Many homeowners are reluctant to lower the price of their home, because it feels somewhat like a defeat. However, while you want to make as much money from your house sale as possible â it is better to sell your home at a slightly cheaper price than to let it sit on the market for a long time.
