Thursday, October 8, 2020

Price Your Lexington MA Home Right

If you’d like to sell your Lexington MA home this fall, pricing it right is essential, and something you should do right from the start! As your Lexington MA real estate agent, I can help.

The Lexington MA real estate market is hot! Buyer demand is high and inventory is low, which is great news for sellers. However, this doesn’t mean that you can price your home as high as you want. This could drive buyers away and toward other listings priced lower. Pricing high may mean your house will sit on the market longer, you could deter buyers, or you could get stuck negotiating with one stubborn buyer.

On the other hand, if you price too low, buyers may wonder what is wrong with the house, and this could also deter them. You could lose money off a low bid, which in turn decreases your own future buying power.

The key is to price your home right! When you do this, you increase visibility to your listing and drive up buyer interest, which may result in bidding wars and offers made over your asking price. How do you know what is market value? Work with a Lexington MA real estate agent! I know the Lexington MA real estate market and can help you list your home based on what other homes in the area similar to yours are selling for.

Ready to sell? Give me a call!

Theresa D'Antuono