In the competitive world of College Station home sales, it is imperative that you stay ahead of the competition. Today, I will cover step three to giving you a great edge: PRICING. Other than contacting a Realtor, this may be the most important step in the process.
Pricing is affected by many factors. Just a few of them are how much houses in the area have sold for in the past, how much money you NEED to get, how much money you WANT to get, and how fast you need to sell your house. It is important to remember that pricing will be different for each house as well as each seller.
Many people think that the average sales price for their neighborhood is a good place to start. This is often a good idea, but make sure to base your price on average sales price per square foot, not average total sales price. From there, you can add to the price for improvements, decrease price if you are in a hurry to sell, make allowances for repairs, ……..the list goes on seemingly forever.
The bottom line is that there is no simple formula to follow. This is why it is imperative that you consult with a Realtor to ensure that your house sells quickly at a good price. Your Realtor will guide you through the process based on your personal needs and wishes. Pricing is one of the reasons that a large majority of people trying to sell their own house end up contacting a Realtor. Save yourself a lot of head ache and let a Realtor guide you through the difficult parts of College Station home sales.