Sellers: Anacostia River Realty: Selling Your Home
An experienced Anacostia River Realty real estate agent will clearly show you the facts about your home’s selling price. The key indicator is the prices buyers have paid for similar homes, known as comparable sales, which every real estate agent in our area can access.
Many homeowners often choose an agent based on the highest price they quote, which is understandable but can lead to challenges. Some agents may inflate the price just to secure the listing, leaving you feeling frustrated and misled.
When a home is priced too high, it can be seen as an “overpriced burden” by other agents, making them less likely to show it. This often means that the price will need to be reduced significantly to attract buyers, resulting in a longer sale process and potentially less money in your pocket.
The best way to ensure a successful sale is to price your home fairly right from the start. When selecting a real estate agent, focus on finding someone who offers a strong marketing strategy to help you achieve a quick and smooth sale.
Unfortunately, a homeowner will often select the agent who quotes the highest price. Sometimes, an agent who understands this will tell a seller an inflated price to get the listing.
The agent who is willing to list your house at the highest price is the least likely to get your home sold for top dollar. An agent who knowingly takes an overpriced listing usually plans to start “working on you” immediately to get a series of deep price cuts.
The problem, besides your frustration, is that all the other agents quickly decide your home is an “overpriced burden” and won’t even consider showing it. You have to cut your price well below fair market value to get the other agents to think of it as a good value. The result is that your home takes longer to sell and you get less money.
The secret to getting the most money and the quickest sale with the fewest problems is to price your home properly, from the start. The facts are available and they are clear and convincing.
The best way to select a real estate agent is to find the person with the best strategy for marketing your home.
Contact Anacostia River Realty for a FREE home valuation.
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