“I’m not in a hurry to sell, so I’m not going to give it away.”  If I’ve heard this phrase once, I’ve heard it hundreds of times from sellers not willing to price their homes at fair market value.

According to this theory, a seller will get a higher price for his house if he is willing to let it languish on the market and if the seller is willing to wait long enough, some unaware buyer will come along and offer him the high price that he wants for his house.

We all know this not to be true because the highest price that a seller will get for his house will be when it first comes on the market.  The longer a house sits on the market, the less the seller will get for it.

So if you are thinking about selling your house, your goal should be to price it correctly for its size, location, and condition.  That will create a lot of buzz about your house and generate a lot of showings.  The greater the interest in your home, the more likely you will be to get the most amount of money that the market will bear for it – and your home shouldn’t be on the market for months on end.

Want to know what homes in your neighborhood are worth?  Get a free Market Snapshot emailed directly to you, no spam, no obligation - just a cool tool to help you learn about home values in your community.

Learn more about pricing your home by getting our free brochure, Selling Your Home in a Buyer's Market.

Wishing you sunshine everyday and the Maryland home of your dreams,
Jeri