Pricing your home for saleÂ has never been more important. In Wellesley, inventory (homes currently for sale) is significantly up over 2008.Â Buyers have more homes to choose from and can therefore be choosier! How do you make sure that your home is the chosen one?
When pricing your home, it is important to consult with a reputable local Realtor who knows the competition (ideally s/he has SEEN all the competition that is for sale and has recently sold). Then, together you can determine the best price.
This is hard:Â Â be objective about price.Â Remember, it is a price war and a beauty contest.Â When homes are perceived as a good value, they will still sell quickly.Â Â You donâ€™t need to give your home away but, if you want to sell your home more quickly than the neighborâ€™s, you may need to make your price more competitive.Â What is happening in some parts of Metro West Boston is that homes that are priced low are actually creating bidding wars.Â As one Realtor said in a recent article at WBUR.org, â€œto get potential buyers in the door, some agents are pricing properties low and letting buyers set the limit.â€Â What is happening with homes that are not priced competitively?Â These homes are sitting on the market for quite a bit longer.Â If you want to sell your Wellesley home quickly make it more attractive to potential buyers by pricing it right.
For an in-depth look at Wellesley MA Real Estate contact Jane Neilson atÂ Pinnacle Residential Properties today.Â I will educate you on what is selling in Wellesley and can help analyze your property for you.