1. Your home is most likely to sell for top dollar when it’s fresh to the market.
2. Buyers buy after they shop around. Buyers are in search of the best deal. If your home is priced too high, it will make the others look more attractive.
3. Your property will need to be appraised. If it appraises below the contract price you may have a problem.
4. Other than possibly location, price is the most critical item that both buyers & real estate agents look to when selecting homes to view.
5. If priced too high, it’s possible that no one will seriously consider or see the benefits of starting the negotiations.
6. The more accurately priced the property is, the less likely the buyer is to start the negotiations with a “low ball” offer.
To view northern Michigan real estate, visit our website www.45thParallelRealty.net.
