Overpricing Your Home May Net You Less

Dated: January 11 2016

Views: 252

Every seller wants top dollar for their home. Trust me, your Realtor also wants top dollar for your home! But overpricing your home can be detrimental to your sell. 

First and foremost, you want to peak interest when you first put your house up for sale, especially if you live in an area where there is more than your house on the market . If you are overpriced, your house will sit without any interest. If your house sits too long, buyer begin to wonder whats wrong with your house and/or they will expect a deal. Which will cost you valuable dollars.

If your house sits on the market you will pay additional 

  • Interest on your mortgage

  • Taxes

  • Insurance

Another thing to remember, some cost are based off the sell price, such as Title Policy fees and commissions to the Realtors.

Last on my list would be the fact that if a buyer feels that he/she is paying top dollar for their new home, they will expect a top dollar home. After inspections are complete, the buyer may have a longer list of repairs for you.

Call me at 409-539-8234 to get a fair cost analysis on your home.

http://BarbieSellsDreamHomes.com

Image title


Blog author image

Texas Property Chicks Team

Who are these Chicks? A group of woman who knows that we can offer more together than separately. In this small diversified group of not only realtors, some are also tax preparers, pastors, invest....

Latest Blog Posts

Its Not Just About The Price Of The Home

It’s Not Just About the Price of the HomeWhen most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts

Read More

Three Ways To Win In A Bidding War

Three Ways to Win in a Bidding WarWith so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are

Read More

The Cost Of Renting Vs Buying A Home

The Cost of Renting Vs. Buying a Home Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.

Read More

Summer Is The New Spring For Real Estate

Summer is the New Spring for Real Estate Some Highlights The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer. Check

Read More