How to Price Your Bergen County Home Right!

How To Price Your Home

You  made the decision to sell our home  and you all ready to spruce the house up, get rid of all the clutter that accumulated over the years and you even have an idea which Realtor you are going to let sell your  house for you. There is this one big issue to decide on…find the right listing price that will get you a great sale.  Price your house too low and you will not get its true worth…. price it too how and you will end up helping your competition sell their home while you will alienate prospective buyers.

As is the case in finding any professional, you have to work with a top professional Realtor to prepare you a CMA ( Comparative Market Analysis).   A professionally done CMA requires finding recent sales of similar properties, and adjusting for any differences, to arrive at a current market value of your property.  Once you have this value you should have your broker set the asking price no more than 3% to 5% higher than that current market value.  If you do this, your property will sell quickly for a price equal to exactly what it is worth, or higher. Buyers, as a general rule, do not make “low-ball” offers — there are some rare occasions when that happens, but the vast majority of initial offers not much lower than the  asking price.

In today’s market your home’s “Curb Appeal”  is how it is presented, priced as it is   broadcast on the Internet. Buyers have an abundance of resources to study the market and learn what  true market value is for the type of house they are looking for. Buyers will know when a house is overpriced and will pass it by assuming that the seller is not serious and will be unreasonable to work with.

Just as buyers do their homework sellers need to do their homework as well. Listing  your house for the right price will get it sold quickly and possibly wi

th multiple bids .