The Right Selling Price Affects Your Bottom Line

When you are selling your  Lancaster home, the price you set is a critical factor in the return you will receive. That's why you need a professional evaluation from an experienced Realtor, who can provide you with an honest assessment of your Lancaster home for sale, based on several factors:

• Lancaster Real Estate Market conditions -- for your neighborhood in the Lancaster area -- what is the average time on the market other recent home sales have experienced?
• Condition of your Lancaster PA home for sale -- have you been maintaining your home? Are the carpets worn?  Are the fixtures in good working order?  Is your basement wet?
• Repairs or improvements you have made in your Lancaster home for sale -- have you replaced the roof? Have you installed central air?
• Time frame required for a sale of your Lancaster PA home -- do you need to sell in order to purchase your new home?  Are you relocating out of the Lancaster PA area?  Do you need to move before school begins in the fall?

In real estate terms, market value is the price which a ready, willing and able buyer is willing to pay for your Lancaster house, in its current condition, in a timely manner.

If the price of your home is too high, several things could happen:

• Limited number of buyers. Potential buyers may not view your home, because it would be out of their buying range.
• Limits showings. Other agents may be less reluctant to view your home or recommend it to their buyers.
• Used as leverage.  Your overpriced home could make your neighbor's home look like a bargain - and it will sell before yours does.
• Extended stay on the market. When a home is on the market too long, it may be perceived as defective or "stale". Buyers may wonder, "what's wrong," or "why hasn't this sold?"
• Lower price. An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price eventually. To sell it, you will have to reduce the price, sometimes several times. In the end, you will probably get less than if it had been properly priced at the start.
• Wasted time and energy. A bank appraisal is usually required in order to finance a home.  If your home is overpriced, it will not meet the appraisal and you can potentially lose your buyer.

Real Estate professionals have known it for years - homes in good condition, properly priced at the start of your home selling period, always get you the fastest sale for the best price! 

Use this Free Home Evaluation and view more Lancaster Home Selling tools on my Lancaster PA Real Estate website. 

After all, My Priorities are Simple....
...They're Yours.

Honesty.
Integrity.
Sincerity.