Finding The Best Selling Price For Your Phoenix Home

Statistics show that the best opportunity to sell your Phoenix home is often within the first few weeks of putting it on the market. This can be good news, or bad, depending on your motivation. Some Phoenix homes sell right away, while others sit on the market for months without a single offer.

To maximize your selling opportunity, make sure your home is priced right. What is the right price? Many factors determine your home’s best asking price and our current real estate market has a lot to do with it. Using sound judgment, research, and experience, a good agent can help you determine the right price for your home. They will help you evaluate your location, the recent sold data, current market trends, and your home’s special features that set it apart from the competition.

“What’s wrong with pricing my home a little high?” Price your home too high and most buyers won’t even bother looking at it. Over-priced homes tend to sell the competition first. This scares away many qualified buyers simply because they can go elsewhere and get more house for their money. The longer the house sits on the market, the more people will shy away from it, thinking there must be something wrong with the home.

“Should I under-price my home?” Price it too low and you could lose thousands of dollars. Sometimes you will attract multiple bidders making multiple offers with and under-priced home, but we only recommend this when you need a faster-than-average sale.

In most circumstances, pricing your Phoenix home correctly from the very beginning will net you the best results in both time and money. To find out your home’s perfect selling price, contact the Night Owl Realty for a No-Obligation Market Analysis. We will take the guesswork out of the entire process and suggest an accurate market price for your Phoenix home. It couldn’t be easier!