Pricing your home to sell is the number one thing you can do to sell your home. An improperly priced home can sit on the market for years without a nibble. If you are not serious about selling your home and just want to put it on the market for a higher price. You might be in for a long wait. Property in the Florida keys moves quickly. If you want to sell your home, check out these reasons to properly price your home.

1. Faster sale:

When your home sells faster, you save carrying costs, mortgage payments and other ownership costs.

2. Less inconvenience:

If you've moved before, you know the energy it takes to prepare for showing, keep the home clean, making child care arrangements and alter your lifestyle. Proper pricing reduces this.

3. Exposure to more prospects:

At market value, you open your home up to more people who can afford the price.

4. Increased salesperson response:

When sales people are excited about a home and its price, they make a special effort to contact all of their potential buyers.

5. Better response from advertising and sign calls:

Ad calls and sign calls to REALTORS® turn into showings when the price is not a deterrent.

6. Attracts higher offers:

When a home is priced right, buyers are less likely to offer low, out of fear of losing a good home.

7. Means MORE money to sellers:

If a home is priced right, the excitement of the market produces higher sales prices. You NET more both in terms of actual sale price and in less carrying costs.

Now that we can see some benefits to properly pricing a home. How do we go about getting the right price? Alot of time, our homes have special value to us since we have been living in them.

An Exit REALTOR® can do a FREE unbiased Comparative Market Analysis (CMA) of your home. A CMA is an estimate of the value of property using only a few indicators taken from sales of comparable properties, such as price per square foot, sales of homes in your neighborhood, and other factors. The value estimates are not appraisals and do not meet the standards of a true appraisal. But will give you a great idea of what market value of home is close too. After a CMA is completed here are some questions you should ask yourself.

1. Is the local market rising or falling or staying even?

2. Is my opinion of value based on the actual neighborhood sales prices?

3. How many homes in this area are competing against mine right now? How does mine compare?

4. Have any neighboring homes been on the market too long? why?

5. Which improvement have I made since purchase that will actually increase value? which improvement won't?

6. Are my financial needs influencing my asking price?

7. Is my original purchase price influencing my asking price?

8. Am I willing to price right and stand firm?

Contact an Exit Realty Florida Keys REALTOR® today by visiting our "List Your Property" page of this site. Enter information about your home and a Exit REALTOR® will contact you about doing a FREE Comparative Marketing Analysis (CMA) of your home!