Are you being dangled by your heartstrings when pricing your home for sale in Sandy Springs, GA? The fact is, you need cold, hard data if you are planning to put up your house for sale in Sandy Springs, GA. The median sale price going around in this area is $460,000.
So, start crunching numbers because selling your house below this value will not do you any good. Here’s how you can think like a savvy seller and price it according to the market value:
A house’s sale depends on pricing it right. If you set the right asking price, you won’t be disappointed later. On the other hand, a higher price will have you making sacrifices in the process. There are other things too such as the neighborhood, nearby facilities, commute, etc.
The biggest pitfall: When your house has been sitting on the market for quite some time, potential buyers assume there’s something wrong with it and hesitate to approach you. This not only devalues the house but decreases your chances of buying a new house. One word: Competitors. Make sure you know the competition before pricing the house.
Pricing the House According to Market Value Rather Than sentimental Value
Expecting that you will get the full value of your home for sale in Sandy Springs, GA is a foolish line of thought. The renovations you did were for your own pleasure. Some people might not want a swimming pool in the backyard or a large furnished porch on the front.
The asking price you set according to your upgrades may not be reasonable for many buyers. However, now that the renovations are already done, you need to separate luxuries from necessities. This will help you set the right price.
Use Comparable Sales
As mentioned earlier, comps are the window to finding out whether you have set the right asking price or not? Comps are all about comparing your house with other houses based on structure, amenities included, in-demand facilities nearby… basically everything and anything that is identical to your house.
Re-Adjusting the Price
After you have adjusted the price by looking at the comps, you will make one last adjustment when buyers visit your house. Listen to their opinions and then re-evaluate your decision. Many visits but no offers usually means that the house was marketed well but the price is not right.
The best way to get multiple offers on your home for sale in Sandy Springs, GA is to create an offer that is one of a kind and is not being offered by other homeowners on the market. Remember, you will have plenty of room to prove your point during negotiations, where you can convince the buyer to pay a few hundred or thousand dollars more for the benefits you are offering such as minimal repairs or warranty on appliances.
So, what you can take away from this is that always price your house after crunching the numbers and looking at all the facts and figures. Want to know the current value of your house? Visit America’s Network Reality Group Inc. and get an accurate evaluation from experts.