When selling your home in Orange County NY, you will obviously want to get a great price for it. However you don’t want to price too high, and scare off potential buyers, nor do you want to price too low, losing out on thousands of dollars.
There are proven methods and strategies we would like to share in this article. Keep reading to learn how to set your asking price.
Know Your Market
Do some research and find out what comparable homes are selling for in your area. Take a look at seasonal trends, and if you have the time, list your house at a time of year when prices are typically higher. Look up homes that are actively listed on the MLS, Zillow and for sale by owner sites.
Take note of how long the properties have been listed.
If a home has been on the market for awhile, it is likely priced too high. Think about supply and demand, if there are many homes on the market, buyers will be at an advantage.
In addition, you can ask a couple of realtors for a more detailed CMA. (Comparative Market Analysis.) Many realtors will offer this free of charge, as a marketing technique. Requesting a CMA should not put you under any obligation to the realtor. Who knows, they might even have a buyer for you.
Be Realistic
You might have a price in your head of what you want to get for the home, but make sure this price is realistic. Buyers are savvy, and depending on your market, they may have a number of options.
They want to get a good deal and find a value just as much as you want to get a good price for your house. The trick is to find that sweet spot. You don’t want to price your home too high and have to make multiple cuts to the price.
These price drops will show on the MLS, and repetitive price changes can make you look desperate or indicate that something may be wrong with the house. A good rule of thumb is to allow for only one price drop if absolutely necessary.
To make sure your asking price is based in reality, it might be beneficial to have a professional appraisal done.
Ask Opinions
In addition to asking realtors for a detailed CMA, you can also ask friends, neighbors, and family. Ask for their opinion and see what they would pay for a home like yours.
Getting multiple opinions from a variety of people can help you find a middle ground as well as help you find additional selling points you may have overlooked.
There Can Be More To It Than Just The Final Sale Price
Maybe you can offer a lower price for the home, however, the buyer has to pay the closing costs. Or maybe you can get your asking price, so long as the furniture comes with the house.
You do have some bargaining power when finding the sweet, sale price for your home. With some clever strategy, you will be able to find a price that works for all parties.
If you have any questions about buying or selling property in the Orange County NY area, fill out this form, and we will be in touch right away! Or call our office directly now! (845) 467-9129
Sell My House Fast Middletown NY
Sell My House Fast Newburgh NY
Sell My House Fast Goshen NY
Sell My House Fast Monroe NY
Sell My House Fast Warwick NY
Sell My House Fast Port Jervis NY
Sell My House Fast Chester NY
Sell My House Fast New Windsor NY
Sell My House Fast Montgomery NY
Sell My House Fast Washingtonville NY
Sell My House Fast Woodbury NY
Sell My House Fast Pine Bush NY
Sell My House Fast Walden NY
Sell My House Fast Cornwall NY
Sell My House Fast Harriman NY
Sell My House Fast Greenwood Lake NY
Sell My House Fast Florida NY
Sell My House Fast West Point NY
Sell My House Fast Highland Falls NY
Sell My House Fast Maybrook NY
Sell My House Fast Blooming Grove NY
Sell My House Fast Poughkeepsie NY
Sell My House Fast Wappingers Falls NY
Sell My House Fast Kingston NY
Sell My House Fast Middletown NY
Sell My House Fast Newburgh NY
Sell Your House Fast Middletown NY
Sell Your House Fast Newburgh NY
Sell Your House Fast Goshen NY
Sell Your House Fast Monroe NY
Sell Your House Fast Warwick NY
Sell Your House Fast Port Jervis NY
Sell Your House Fast Chester NY
Sell Your House Fast New Windsor NY
Sell Your House Fast Montgomery NY
Sell Your House Fast Washingtonville NY
Sell Your House Fast Woodbury NY
Sell Your House Fast Pine Bush NY
Sell Your House Fast Walden NY
Sell Your House Fast Cornwall NY
Sell Your House Fast Harriman NY
Sell Your House Fast Greenwood Lake NY
Sell Your House Fast Florida NY
Sell Your House Fast West Point NY
Sell Your House Fast Highland Falls NY
Sell Your House Fast Maybrook NY
Sell Your House Fast Blooming Grove NY
Sell Your House Fast Poughkeepsie NY
Sell Your House Fast Wappingers Falls NY
Sell Your House Fast Kingston NY
Sell Your House Fast Middletown NY
Sell Your House Fast Newburgh NY
We Buy Houses in Goshen NY
We Buy Houses in Monroe NY
We Buy Houses in Warwick NY
We Buy Houses in Port Jervis NY
We Buy Houses in Chester NY
We Buy Houses in New Windsor NY
We Buy Houses in Montgomery NY
We Buy Houses in Washingtonville NY
We Buy Houses in Woodbury NY
We Buy Houses in Pine Bush NY
We Buy Houses in Walden NY
We Buy Houses in Cornwall NY
We Buy Houses in Harriman NY
We Buy Houses in Greenwood Lake NY
We Buy Houses in Florida NY
We Buy Houses in West Point NY
Cash Home Buyer Middletown NY
Cash Home Buyer Newburgh NY
Cash Home Buyer Goshen NY
Cash Home Buyer Monroe NY
Cash Home Buyer Warwick NY
Cash Home Buyer Port Jervis NY
Cash Home Buyer Chester NY
Cash Home Buyer New Windsor NY
Cash Home Buyer Montgomery NY
Cash Home Buyer Washingtonville NY
Cash Home Buyer Woodbury NY
Cash Home Buyer Pine Bush NY
Cash Home Buyer Walden NY
Cash Home Buyer Cornwall NY
Cash Home Buyer Harriman NY
Cash Home Buyer Greenwood Lake NY
Cash Home Buyer Florida NY
Cash Home Buyer West Point NY
Cash Home Buyer Highland Falls NY
Cash Home Buyer Maybrook NY
Cash Home Buyer Blooming Grove NY
Cash Home Buyer Poughkeepsie NY
Cash Home Buyer Wappingers Falls NY
Cash Home Buyer Kingston NY
Cash Home Buyer Middletown NY
Cash Home Buyer Newburgh NY
Cash House Buyer
Cash Home Buyer
Cash Offers for Homes
Buy My House Cash
Cash Home Buyer Near Me
Best Companies That Buy Houses Cash