How To Price My Home?

 

Smart, competitive pricing is essential. When you price too high, your home stays on the market longer, prolonging the process and increasing your expenses along the way.

Home Seller Mistake No. 1: Pricing Too High

 

“I can always lower the price later if I don't get any offers.”  That statement costs home sellers millions of dollars every year.

Yes, you can always lower your asking price, but that’s not a good strategy.

Time and time again, experience shows that sellers who list competitively from the start get a better price than sellers who list high and then go lower and lower.

Why? Psychology.

 

When you price too high, here's what buyers think:

“Wow, three price cuts in the last four months… There must be something wrong with that house.”

“With all the price cuts on this house, the sellers must be desperate. Let's offer them far below what they’re asking and see if they bite.”

Sound Pricing Strategies

A far smarter approach is to allow me to do a market analysis and then work together on setting the right price. We must avoid overpricing.

We look at the following two things when determining price mostly...


Similar homes, via a Comparative Market Analysis (CMA): We will provide a professional analysis that goes deep into stats about recent sales and current listings similar to your home in size, age, condition and features. Sales within the past six months are especially relevant.

General market conditions: Is it a seller's market or a buyer's market in your community? It's important to note that what's happening nationally may not reflect local conditions. We can explain the difference and clear up any misconceptions you may have.

Get In Touch

Local Expert Updates

Janie Eick

Cell: 712.339.0574

Greg Sheeler

Cell: 712.330.1573

Matt Lippon

Cell: 712.330.0604

Community Updates

Harbor of Joy Lutheran Church

Harbor of Joy Lutheran Church in Milford

Harbor of Joy Lutheran Church
1204 L Ave
Milford, IA 51351

Services
Sunday at 9:30 a.m.

Real Estate and MLS Homes For Sale in Milford Find more about Milford Learn More Here

Arnolds Perk Coffee House

Arnolds Perk Coffee House in Arnolds Park

You can't come to the Lakes Area, and not go to Arnolds Perk. This whimiscal little coffee shops is always very busy in the summers, and rightfully so; their coffee is amazing! They also have breakfast, lunch, and their ever famous cupcakes, along with their coffee drinks. Located just across the street from the Arnolds Park amusement park, its the perfect place to stop at on your vacation in the mornings!

Real Estate and MLS Homes For Sale in Arnolds Park Find more about Arnolds Park Learn More Here

Okoboji Bible Conference Ministries

Okoboji Bible Conference Ministries in Arnolds Park

Okoboji Bible Conference Ministries
7 S. Highway 71
Arnolds Park, IA 51331

Every summer the Okoboji Bible Conference is held in the heart of the Lakes Area, drawing in thousands of Christians of all ages to the area. The conference has a number of speakers as well as musicians. 2017 will be the 83rd year of the Okoboji Bible Conference.

2017 schedule- July 30 - August 7, 2017

Real Estate and MLS Homes For Sale in Arnolds Park Find more about Arnolds Park Learn More Here

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