The best thing that sells a home is condition. Go around and take pictures of your home inside and out, then look at the pictures as a buyer would, what would you change? Would you buy this house again as it looks today? You are not in compaction with the homes in your neighborhood $400-$765, you compete with the nearby homes under $300,000, how does their price and size compare to yours? Go look at them?
Best of Success.
lly want to target. Hope this helps! Kim
You are the sort of seller most agents want. If your property is really worth $289,900 then I feel $299,900 is an OK cushion for "negotiating room".
Both numbers are just under $300K - which is where your buyer will have drawn their upper limit. If you were looking at $295K or $305K I would still say keep it in the twos.
You are my dream seller!! You know you want to sell your home, you don't want to mess around and you are knowledgeable about your home versus your neighborhood.
You've received some great advice from these agents already, and without meeting you, seeing your home or doing research on your particular area of Cedar Park, it is difficult to give you a concrete answer. In general, buyers don't offer full price. That doesn't mean you can't start at your bottom line price and refuse to lower it, but keep in mind also, that even if you get that price, that buyer may come back later and ask for a repairs concession after their inspection. You can refuse that too, but it's nice to have a little extra room, just in case. There is no problem pricing your home at or close to your bottom line if that's where you feel the most comfortable. It will stand out against the competition if the price is right. Again, it all depends on how your neighborhood comps out. With the little bit of information I have so far I don't know if $289, 900 is overpriced or under-priced, that's a discussion that we can have after I take a look at your home.
When's a good time for us to get together this week? Give me a call at 922-3965 or drop me a quick email at Leigh@LeighHilliard.com and we can talk about it further. I am looking forward to meeting you, seeing your beautiful home and getting your house SOLD!
Keller Williams Realty
We here in the Austin metro have begun the rebound and all the economic projected forcast show that we should gradually start seeing price appreciation especially in neighborhoods that are in demand. Cedar Park as a whole is expected to have explosive growth and restricted pockets will appreciate faster due to there unique features and locations.
I would get it on the market ASAP so that you do not miss out on the "main" wave of buyers here in this area. Like the agent below, if you have no showings within a week or an offer within 21 days, you must drop to you lowest acceptable.
When I list a property for a seller, I do a Comparative Market Analysis (CMA) based on Sold comps (in the last 3 months). I suggest to the seller that the listing price be based on that. I don't list lower or higher - I list at market value. Of course, the seller ultimately determines the listing price but they usually go with the listing price suggested by the CMA. If the buyer has a good buyers agent, they will know what the value of your property is by doing their own CMA and base their offer on that. True, there are buyers who will try to negotiate the price down but if you've listed at the true market value, all you have to do is either counter their offer or say 'no'.
Great question. In my experince, today's buyers generally offer under the asking price, unless it's ridiculously underpriced, which can prompt higher offers in a 'bidding' enviroment.
A key piece of information for me is which direction prices are moving in your market. If prices are declining, then you want to price ahead of the market, which argues for a lower price.
I think your agent is providing good advice: start at $299,900 (under the $300k barrier) and negotiate the best terms possible. If you have received no offers after 21 days, consider a price reduction.