Pricing Your Home To Sell
Your Strategic Sales Plan
- First, consult an expert local Kerrville real estate agent to ensure your house is competitively priced and well-staged. Why? Out of the three biggest home-selling factors (location, price, and condition), two are under your control. If you price your home right and keep it in good condition, your home’s potential in the Kerrville real estate market can soar!
- Act fast! In today’s market, the best price is the one you can get now. Waiting to list your home or land for sale will only cause you to lose money. Remember that every month the price on your home decreases, your mortgage and tax payments will still remain the same! For example: if your home originally cost you $200,000 (with 20% down and an interest rate of 6.5%), selling a month sooner results in a savings of $110 for the mortgage alone! Keller Williams' research shows that homes sell 38 days faster when listed at the agent’s original recommended price.
- Don't worry about where the Kerrville market has been: keep your focus on where it is going. Your neighbor's selling price from 6 months ago is not relevant in a market where your house is competing with others from all across town. Keep in mind type of property: i.e. land for sale, lake homes for sale, or country homes for sale. A local Kerrville real estate agent will have the kind of long-term, wide-ranging data that will help you decide how to pinpoint your price.
mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.