Overpricing Your Home May Net You Less

Dated: 01/11/2016

Views: 240

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

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