How to Price Your Home to Sell
Pricing your home correctly is the single most important step to attract buyers, generate offers, and sell fast β without leaving money on the table.
π Why Accurate Pricing Matters
Homes priced too high often sit on the market, becoming βstaleβ in buyer searches, while underpriced homes risk selling below value. By understanding market trends and using reliable data, you can set a competitive price that draws attention from serious buyers and encourages multiple offers.
π‘ Steps to Price Your Home Effectively
- 1. Research Comparable Sales: Look at recently sold homes (comps) in your neighborhood with similar size, age, and features.
- 2. Evaluate Active Listings: Current listings represent your competition β price accordingly to stand out.
- 3. Factor in Market Conditions: In a sellerβs market, you might price slightly higher; in a buyerβs market, aim to be more competitive.
- 4. Adjust for Unique Features: Consider upgrades, lot size, location, or amenities that add (or detract) from value.
- 5. Stay Realistic: Emotional attachment can lead to overpricing. Rely on data, not just personal opinion.
π Tools to Help You Price Your Home
Brokerless.com provides flat fee MLS listing services, allowing you to compare your home to local comps directly in the MLS β just like a real estate agent. By listing on Realtor.com and Zillow, you can gauge buyer interest quickly and adjust pricing if necessary.
π Pro Tip
Start with a price slightly below your competition to generate strong interest. The first 7β10 days on the market are critical for attracting motivated buyers.
π Useful Links
- π° Flat Fee MLS Pricing Plans
- βοΈ How Brokerless Works
- π‘ MLS vs Zillow β Key Differences
- π List on Realtor.com
- π What is Flat Fee MLS?
- π How to List on MLS
- π National MLS Coverage
- π Compare Flat Fee MLS Services