Published August 31, 2020
How to Price My House to Sell Fast & For Top Dollar!
How to Price My House to Sell Fast?
The key to selling your house is to price it just right.
First things first! When you contact a Realtor about selling your home, ( insert you Googling Qualified Realtor to sell my home in Bakersfield) they will initially research your local Bakersfield neighborhood and homes that are comparable to your Home. This is called Running Comps / a Current Market Analysis. This is current data that will determine what Today's Market is valuing your home at. The kind of data in this analysis is current competition, pending and sales in your neighborhood. Your Realtor will also show you what homes (that are comparable to yours) are currently sitting on the market and not selling. This is a HUGE Eye Opener! If the home is beautiful, in a great location and has beautiful photos, then you know that the reason it is NOT Selling is due to being overpriced. Let's not let this be you!
Something many sellers don't know is that buyers pull comps on homes as well, and they will notice that you are priced too high. They get the full list of homes that match their criteria when they start searching, and if your home is listed at the high end of the list then you are dramatically lowering your chances of them scheduling an appointment to view your home.
"Sell my Bakersfield house fast!" If you want your home to sell fast, a VERY IMPORTANT TIP is to price at or slightly below your current market value to create a buyer frenzy! Remember that your Realtor will provide you with an estimated Value based on comps. We ALWAYS see this strategy result in 10 - 13+ Offers at once. But you might be asking yourself-- "Why would I want to deal with 13 or more offers at once? Isn't that way too much?". Our answer is " Not at all!" What happens is you create competition. Buyers will realize right away that your home is a hot deal and they will bring their absolute Highest and Best offers. When you end up with multiple offers you now have the power which should always be the case in a Seller's market. You can then choose with the help of your Realtor which buyer is the most qualified & is giving you the absolute most Profit at the end of the day.
Wouldn't this be ideal for you? Rather than listing your home way too high and getting little to no showings and having no one compete over your home? I promise you, we have seen this way too often here in Bakersfield and in the end, the seller ends up sitting on the market for way too long, reducing their price and resulting in less profit and paying more in monthly mortgage payments due to being on the market for to long. Trust your local Realtor! If you have hired a true Real Estate Professional, they know what they are talking about and you must trust the process.
Let's connect to make sure your house is priced to sell this season. Click Here for your FREE and Instant Home Value Estimate.
Linda Banales
Broker Associate
Cal DRE 01172638
661-303-5401
Bakersfield Real Estate Group
at Agentcor Realty
Over 1,220 Homes Sold
~ How can I sell my Bakersfield house fast!
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