It’s only natural that you’d want to turn a profit from selling your home. That’s why you decided to sell it slightly above its market value. However, this is a move that could end up costing you much more than you’d think down the line.
Buyer Suspicions
You can, of course, always drop your selling price if no one bites, but what image does that convey to buyers? More often than not, potential buyers view a lowered price as a symptom of skeletons in the closet – or mold in the basement, at the very least.
Price Appropriately
Instead of setting a high price and hoping for the best, just take a look at the current housing market in your area. Appropriate pricing allows you to get more interest as well, which is something to consider with your realtor.
When it comes to selling your home, sometimes you have to make compromises. Tempering your expectations – and your asking price – can help you rake in the offers and get an excellent deal.
