Looking To Sell in Jamaica Estates: Read This Before You Price Your Property!
When it comes to selling a home, does it pay to list it on the high side? Overpricing your home might seem like it leaves room for negotiation, but if you go this route, don’t expect things to turn out in your favor.
All this talk about pricing your home might lead you to believe that we want you to set your price low. That’s not true at all! We don’t want you to set your price low. We want you to set your price right. If you are looking to sell in Jamaica Estates, here are three points to consider to help you hit your home’s pricing sweet spot:
- The first week is critical.
If your listing generates a lot of interest within the first few days, this bodes well for your sale. If you overprice your home, interest will wane. You might struggle to get buyers, even if you drop the price. If you are looking to sell in Jamaica Estates, work with your agent to get your asking price right the first time around.
- Overpriced homes = lowball offers.
An overpriced home is more likely to lead to unreasonably low offers. It might seem a little backward, but if you put a hefty price tag on your home, you might not even score market value. If your home is priced competitively fair, you could end up starting a bidding war!
- Overhauling your home doesn’t necessarily mean you’ll get a higher price.
Many home improvements justify a higher price tag, but in the end, your home’s new and shiny features are only a piece of the puzzle. If you are looking to sell in Jamaica Estates, the sale prices of similar homes in the area are probably the most significant factor in your ultimate price.
If you are looking to sell in Jamaica Estates, don’t embark on your pricing adventure alone. Connect with Jamaica Estates Realty today to learn how to price your property to sell and pocket the profit you deserve!
Contact us at (718) 380-5000 today or email us here to learn more.