How To Price My Home?

 

Smart, competitive pricing is essential. When you price too high, your home stays on the market longer, prolonging the process and increasing your expenses along the way.

Home Seller Mistake No. 1: Pricing Too High

 

“I can always lower the price later if I don't get any offers.”  That statement costs home sellers millions of dollars every year.

Yes, you can always lower your asking price, but that’s not a good strategy.

Time and time again, experience shows that sellers who list competitively from the start get a better price than sellers who list high and then go lower and lower.

Why? Psychology.

 

When you price too high, here's what buyers think:

“Wow, three price cuts in the last four months… There must be something wrong with that house.”

“With all the price cuts on this house, the sellers must be desperate. Let's offer them far below what they’re asking and see if they bite.”

Sound Pricing Strategies

A far smarter approach is to allow me to do a market analysis and then work together on setting the right price. We must avoid overpricing.

We look at the following two things when determining price mostly...


Similar homes, via a Comparative Market Analysis (CMA): We will provide a professional analysis that goes deep into stats about recent sales and current listings similar to your home in size, age, condition and features. Sales within the past six months are especially relevant.

General market conditions: Is it a seller's market or a buyer's market in your community? It's important to note that what's happening nationally may not reflect local conditions. We can explain the difference and clear up any misconceptions you may have.

Get In Touch

Local Expert Updates

Janie Eick

Cell: 712.339.0574

Brooke Jones

Cell: 641.420.2172

Aaron Jones

Cell: 712.320.9442

Matt Lippon

Cell: 712.330.0604

Community Updates

Main Street Bar & Grill

Main Street Bar & Grill in Terril

Main Street Bar and Grill is a longstanding bar/pub/lounge that also has a great selection of food. Wednesday nights they offer a wonderful steak menu. Great cocktails and great food in small-town Terril, Iowa.

Real Estate and MLS Homes For Sale in Terril Find more about Terril

Healthy Living Program Center Milford

Healthy Living Program Center Milford in Milford

Healthy Living Program Center -MILFORD
2207 US 71
Milford, IA 51351

One of the many convenient locations offered by the Bedell Family YMCA is conveniently located in Milford, on the North end of Milford on Hwy 71. Right next to Subway and just south of Perkins.

Offered at this Center are exercise equipment, free weights for ages 14 and up. Personal Training is also offered.

Hours open are
Monday - Thursday 5 am to 11 pm
Friday 5 am to 9 pm
Saturday 6 am to 9 pm
Sunday closed

Real Estate and MLS Homes For Sale in Milford Find more about Milford Learn More Here

Okoboji Commons

Okoboji Commons in Okoboji

Check out Okoboji's newest urban metro hotel, the Okoboji Commons. Featuring 71 guest rooms, a meeting room that can hold up to 125 people. Conveniently located next to the bike trail, Brooks Golf Course, Okoboji Summer Theatre, and many Okoboji attractions. The hotel grounds are immaculate featuring gas fire pits, a gazebo, a large deck overlooking East Lake, a sand beach with hammocks, fire pits and a new dock to tie up your boat. Check out Okoboji Commons next time you are vacationing in Okoboji, you will not be disappointed!

Real Estate and MLS Homes For Sale in Okoboji Find more about Okoboji Learn More Here

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