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Setting a Pricing Strategy For Your Home | Triangle Real Estate

Price it Right to Get It Sold    

“We can always go down, but we can’t go up.”

If you’re selling your home this statement has probably crossed your lips at least once. But when it comes to setting a pricing strategy for your home, is it a good idea to start high and work your way down?  Probably not, as most experts would advise that the best way to increase your odds of a successful sale is to price your home at fair market value. But, as logical as this advice sounds, for many sellers it is still tempting to tack a few percentage points onto the price to “leave room to negotiate”.

You could be setting yourself up for failure if you don’t price it right from the start:

Appraisal problems

Even if you do find a buyer willing to pay an inflated price, 90% of buyers use some kind of financing to pay for their home purchase. If your home won’t appraise for the purchase price the sale will likely fail.

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Setting a Pricing Strategy For Your Home.

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