If you’re selling a home in Lake City, you’ll most likely work with a skilled Realtor® who can help you figure out the best possible price for it – but why is the right pricing so important?
Why You Need to Price Your Home Right the First Time
When you put your home on the market, you have several advantages. First, it’s a brand-new listing – and brand-new listings get most of the attention. Second, and perhaps even more importantly, you have the opportunity to wow people with your home’s price and drum up all kinds of buyer interest.
Pricing your home properly is absolutely essential. That’s because if you price it too low, you’re leaving money on the table. You could use that money for the down payment on your next house, or you could stash it away in your retirement fund… and you can probably think of a million other ways to use it, too.
If you price your home too high, though, you’re doing more damage than you might think.
A lot of people – probably you included – search homes by price. In fact, hundreds of people do that on this very website every week; they know what their budget is, and they zero in on the homes that fit within their budget.
Let’s say they’re searching for homes under $250,000. If your home is priced $255,000 (whether or not that’s the right price), you’re cutting out all those potential buyers. They won’t even see your home pop up in real estate searches because it’s more than they can afford. If your Realtor suggested that you price your home at $249,900 but you chose to list it at $255,000, the people who can afford a $255,000 home will see it… but they’re going to compare it with other $255,000 homes and wonder why yours doesn’t have the same amenities or why you’re asking that much more than the other homes in your neighborhood.
Are You Selling or Buying a Home for Sale in Lake City?
If you’re selling a home in Lake City, we’re the local experts. We know how to market your home aggressively and bring in qualified buyers, and we’d love to help you sell quickly and at the right price.
If you’re moving to Lake City, we can help you find the perfect place to live. Call us at 386-243-0124 to tell us what you want from your home and we will begin searching right away.
In the meantime, check out the most popular Lake City home searches by exploring the links below.
- Waterfront residential in Lake City
- Waterfront land in Columbia County
- Bank-owned homes and foreclosure in Columbia County
- Short sales in Columbia County
- Paved road frontage for sale in Columbia County
- Non-deed-restricted land for sale in Columbia County
- Wooded oak tree land for sale in Columbia County
- Land-for-land home combo in Lake City