Selling a Home: Setting The Price

Contrary to popular belief, North Houston home prices are not necessarily set by the seller! Instead, the price point of a home is determined by comparing your home to similar home sales in your area…whether you’re comparing a luxury home, a business property, farm and ranch, or land for sale in the North Houston area.

Here’s how home pricing generally works: Once you have chosen an agent, your KW Professionals Realtor will perform a market analysis of your home. This report will provide detailed insight concerning the selling prices, days on the market, and features of nearby homes.

By comparing this data to your home, your agent will recommend a reasonable price range to help you find the perfect balance between attracting solid offers and scoring top dollar.

Although you may strongly believe your home is worth more, setting you’re the price too high will ultimately prevent your home from selling in a reasonable amount of time.

An overpriced home will sit on the market longer than a home that is priced correctly, a factor that drives down the price and taints your home’s market stats. Alternatively, a house priced lower than market value may actually get multiple offers, which may then drive the price even higher than market value!

Let our agents give you the expert help you need when pricing your home in the North Houston area.