Home Listing Mythology
Listing Price Vs. Sales Price, Which One is Correct for Pricing My Home to Sell?
Much of this confusion arises out of this logic: Neighbor A has their home listed for $XXXXXX, and Neighbor B has their home listed for $XXXXXX, therefore I should list my home for no Less than: $XXXXXX.
In this case the numbers don't matter because the faulty logic is already evident.
The mistake comes when we use the "Listing Prices" to decided the listing price of your home. Instead, the focus should be on the "Recent SALES prices."
It comes down to this simple question, "Do you want to just LIST your home, or do you want to SELL your home?"
If all of the recent sales prices are far below what you expect to get for your home, then perhaps it is not the right time for you to sell.
It is possible to get more for your home than the other recent sales, but buyers will know when you have overpriced your home severely, and they will respond with lowball offers IF they make offers at all. For more information, please visit: Laguna Niguel Real Estate. To learn more about Selling Your Home visit: Sell Your Home in Laguna Niguel
Published by Rory Siems
A Realtor and Software Expert in South Orange County California, Rory Siems seeks to empower Home Seekers and Sellers through Superior Technology. He hosts a Podcast and blog on the topic of Real Estate, ba... View profile
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