Answer:

3. Why can't I price my home over appraisal to allow for negotiating room?

The #1 reason for not pricing your home over appraisal or a MyAgent CMA(Comparative Market Analysis) is that the higher your home is priced, the longer it takes to sell. Let's assume based on the current market conditions that homes are appreciating at 3-7% per year. If you price your house just 3-7% above what it is worth and it takes close to a year to sell, what have you really gained? If you are moving to a larger home, the larger home has also appreciated the same percentage and dollar-wise considerably more than your home because it is a percentage of the value. The moral here is that if you are moving upward and have the financial ability to support it, the sooner you sell the better.

Another reason is market (MLS) statistics. According to market statistics, depending on the location of your home, a homebuyer will pay on average 96% to 100% of what you are asking and for some closing costs to be paid. The more popular the area the closer to 100% of asking price you tend to receive. The only buyers you will get by pricing your home well above value are the "Bottom-Feeders", buyers who are looking to low-ball every home that they make an offer on. Market statistics prove that these buyers are definitely in the minority. The average buyer is too embarrassed or scared to upset a seller by making a really low offer.

MyGoldsboroAgent's discounted commissions allow you to price the home where it needs to be, therefore your home will sell faster and you will walk away with more equity. MyGoldsboroAgent.com gives you the best of both worlds, you sell your home much faster and with more equity, or you can buy you or your significant other something really, really nice.

There is no such thing as a property that is hard to sell, only one that is over-priced and under-marketed. MyGoldsboroAgent.com has the solution for both.

Jenifer Williford, REALTOR

MyGoldsboroAgent.com