Sell My House Fast in Westerville Ohio!
You love your home as much today as you did on the day you moved in, but times are changing and you know it’s time to go. So, you’re getting the house ready to go to market and want to make sure you make a pretty penny on the sale. Now, how do you sell your house fast in Westerville Ohio?
You know your home is worth the money, so everyone else will feel the high price is right, right?
Not exactly. Overpricing your home is a rookie mistake that may repel buyers and leave your house sitting on the market, further devaluing the listing as time goes on. On the flipside, you can’t undervalue your home because, while you’ll probably close in record time, you’ll leave money on the table.
How do you properly price your home to attract buyers and sell quickly?
We’ve got your answers right here!
1. Sell My House Fast in Westerville Ohio – Analyze the Market
The real estate market is always in flux, meaning the price you paid years ago, for better or worse, is not going to be representative of what the price you can fetch today. Instead, you’ll need to perform a comparative market analysis (CMA) to determine what might be a reasonable ask for your property.
A CMA involves identifying similar homes in your region, including homes with similar features, square footage, age, and location, and seeing what they were able to collect at closing time. If a nearly identical home was sold recently for $500,000, it’s safe to assume you won’t be able to ask for much more than that unless you have a truly compelling reason.
2. Factor in Market Trends and Conditions
It’s fantastic if you can find a home that’s so similar to yours that sold recently because you’ll have an easy starting point for your potential asking price. Often, things aren’t so simple. Similar properties aren’t similar enough to sell at the same price, or recent sales aren’t recent enough to account for the current market health.
So, we must take things one step further and consider current market trends and conditions, including market supply and demand, current interest rates, and the state of the economy too. You may be able to collect a little more in a seller’s market, but listing high in a buyer’s market could be the kiss of death, so be sure to consider what the market is doing when determining what to ask for your home.
3. Sell My House Fast in Westerville Ohio – Factor in Unique Selling Points
It’s easy to oversimplify real estate pricing to the price per square foot, but there are things about certain properties that make the process significantly more complex. For example, two homes of the same size won’t cost the same if one has a newly-renovated kitchen and the other has cabinets and appliances that are showing their age.
What about your home is unique or noteworthy? Have you done any renovations recently? Do you have any special features like a pool, sauna, basement bar, or home theater?
If your home offers something beyond what other properties in the area can, it most definitely should buff up that price to greater heights.
4. Hire a Professional
We provided a few quick tips, but pricing your home properly isn’t as easy as one might think. That’s where having a local real estate expert at your side really is worth it. We take the guesswork out of the pricing process, so you know your home will go to market with a price that attracts buyers and still fetches you top dollar.
Don’t wait; contact us today for more information (614) 316-3324
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