Best Home Pricing Strategies – Washington Blade

Home Pricing Strategies - Pixabay

Pricing your home correctly from the start is imperative to a successful sale. We all love our homes and probably think it is worth more than it is. But that thinking can be a killer when it comes to pricing your home when you go to sell.

Home Pricing Strategies

There are three main home pricing strategies to think about when approaching finding the right price: Aspirational, Market Value, and Below Market Value.

The first thing to remember when pricing your home is you must think of it like a product. While it is still currently your home, in the minds of the buyers it is a product. And buyers will decide if that price you’ve set is worth what the house offers. If it isn’t, your showings will lag and offers will just not arrive. This will lead to longer days on market, which can be a huge turn off to buyers, especially in the D.C. market. 

So, what is the best of these home pricing strategies for you? It comes down to your specific property. What it offers, where it is located, the size, the condition, etc. It’s also helpful to see what the market norms are, so you are competitive. So before pricing any home, you have to do your research. You want to closely examine what similar homes have sold for in your area in the past year to six months. Seeing that data is a start to any good pricing discussion.

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Authored By Sherri Anne Green
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REAL ESTATE TIPS: Should You Be an Aggressive or Cautious Home Buyer?

Cautious Home Buyer - gay couple - Deposit Photos

If you are thinking of buying a home, some of your friends may have told you that you have to throw caution to the wind and just go all in. Or you may have heard of friends that bought a home and had to spend lots of money after the fact to repair things they didn’t know were wrong, and want you to be a cautious home buyer. How can you as a buyer feel protected yet also assert yourself in a competitive market? 

That’s where your agent comes in to help. The buyer agent will call the listing agent and find out what is important to the sellers. It is important in these transactions that both sides are aware of what is important to each side of the transaction. There are situations where more money is being offered to a seller, but what they really want is a one or two week or a one month rent-back so they can have time to get all the moving parts together and move on to their next home. Some of my clients once won an offer situation because they wanted to renovate and update the home, not demolish it like a developer wanted to do.  

A good agent knows the tools in their belt to keep their buyers confident in their purchase and assertive in a competitive market. Pre-inspections, negotiating techniques, and sometimes just a good reputation can go a long way.  A good agent wants to make their clients happy but also wants to make sure they stay happy long after they have moved into the house.

Full Story From the Washington Blade

Robbie Puskarich – Taos Gay Realtor

Robbie Puskarich - Taos Gay Realtor

Taps Gay Realtor Focusing on the Big Picture

Born in Dallas, I moved to Northern New Mexico in 2018 with my partner – Chris Sullivan, an abstract artist/painter – and our beagle/ pointer mix, Charlotte, who goes by Charley or Miss C. I have found paradise in Northern New Mexico and plan to be a resident here for the rest of my life.

A Taos gay Realtor and a member of The Walking Rain Group of Coldwell Banker Mountain Properties, I have been involved with real estate transactions in many different avenues throughout my 20-plus years in the banking and insurance industries.

Beginning as a mortgage loan processor, I have also worked as a mortgage loan underwriter, operations manager for processors and underwriters, manager of a loss mitigation center of more than 400 employees for one of the largest banks in the country, director of residential lending for a community bank in Tampa, Florida, licensed property insurance sales producer, and a deposit and loan compliance officer for a community bank based in College Station, Texas.

See Robbie’s Expanded Listing on Gay Realty Network Here

Taos Gay Realtors and Real Estate Professionals