282 Ralph Rawls Rd is more than a luxury home—it's a complete South Mississippi lifestyle estate. Situated on approximately 31 private acres in Hattiesburg, this custom residence offers 7
The Importance of Pricing Your Home Right
Dated: August 18 2013
Views: 1
Pricing your home right is an important step in selling your Gulfport home. Home sellers sometimes make the mistake of asking for a higher price than the current going market value because they think that they can lower their prices later. That method only works when the housing market is favorable to the seller. Eventually the original asking price will have to be lowered to compete. Houses that sit on the market for long periods tend to lose their interest by other real estate agents.
(Click image to view on a larger scale)
Today the industry is favorable to the seller. An overpriced house can lose a detrimental amount of offers when the asking price is set too high. Home buyers must pick and choose how to divide their time to view numerous properties. If your asking price is considerably higher to other similar homes there is a good chance that they will never get around to seeing yours.
Receiving fewer offers can potentially put you in a vulnerable position to negotiate for lower prices. Pricing your home right to competitively match the other listings in your area is the most effective way to attract offers from serious buyers who may compete to win over the sale.
You can ensure that you get the original asking price right the first time by asking a real estate agent for a comparative market analysis. This is a routine part of their job that they are happy to do since it will have a heavy impact of the overall success and profitability of the sale. The process takes an agent a couple days to research by comparing the recent listings of other properties in your area that are the most comparable to your home.
If you would like a comparative market analysis conducted for your Gulfport home, please contact us at 228-275-7500.
Amanda D'Angelo
AMANDA D’ANGELOCoastal Realty Group #1 Independant Brokerage on the MS Gulf CoastAmanda D’Angelo is the Broker at Coastal Realty Group, where she heads up a team of 40 agents to pair clien....
Latest Blog Posts
Lauren Green is from the Mississippi Gulf Coast and calls Biloxi her home.She went to Ocean Springs High School and College in New York at the United States Merchant Marine Academy. Spending 7 years
Tanner Albrecht was born and raised in Gulfport, Mississippi. Growing up on the Gulf Coast gave her a deep appreciation for the community and the people who call it home. From the beautiful beaches
Keller Williams Realty MS Gulf Coast is proud to announce the release of our newly designed website. When we decided to update our main site, SearchGulfPortHomes.com, we realized the design and
MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
