In our latest look at home valuation principles, we are going to consider the significance of pricing your home "in the market", examining exactly what that phrase means and implies.
In our latest look at home valuation principles, we are going to consider the significance of pricing your home “in the market”, examining exactly what that phrase means and implies.
Almost all home sellers share a very similar ultimate goal – getting their house sold for the most money in the least amount of time.
To achieve this, it’s important to break down the elements of this goal, which our graph below does rather nicely.
Price and condition of your home have a very close relationship, especially in relation to the competing homes in your specific market sector.
As the graph makes very clear, your price and the condition of the home need to be extremely well matched. Getting it right is basically a process of fine tuning, ensuring that you’re making an offer that will be very attractive to prospective buyers, especially when they have viewed your property and satisfied themselves of the tremendous value for money that it represents.
What’s also implied in this graph is that the more you do to stage your home to its very best advantage, the easier it becomes for you to maximize its pricing potential, in line with the perceptions of buyers.
Take a look at our listed properties and you’ll clearly see the huge emphasis we place on staging the home, supported by quality photography and even professionally produced video tours etc. We believe this is a key differentiator for us in Albuquerque area real estate markets. Contact us today and discuss how we can optimize your home sale.