13 Sep Selling your house above asking price!
There are many strategies you can use to sell your home for the highest possible price. While many sellers set a standard asking price, this doesn’t always yield the best results. Another option is to set a “bidding from” price for your home. What are the advantages of this approach? Read on to find out!
Less risk for the seller
One of the biggest benefits of a “bidding from” price is that it reduces the seller’s risk. With this strategy, you can choose the offer that you feel comfortable with, allowing you more control over the final sale price. This flexibility is particularly advantageous for sellers, giving you more freedom compared to other sales techniques.
Faster sale
Homes listed with a “bidding from” price tend to sell faster than those using a standard asking price. This speeds up the entire sales process, meaning you won’t be stuck waiting for months to sell your property. You’ll be able to move into your new home sooner without the burden of holding onto your old property for too long.
Curious about the latest trends in the housing market for sellers? The NVM has gathered the numbers for you!
Attract more visitors
A lower initial price can attract a larger pool of potential buyers. As a result, more people will come to view your property, increasing its exposure. The more people who visit, the higher the chance of selling quickly, as more eyes on your property generally lead to faster sales.
Higher offers above asking price
This pricing strategy also creates a psychological effect. Many buyers may feel like they’re getting a great deal, which increases their enthusiasm. As a result, the perceived value of the home can drive buyers to bid higher, ultimately pushing offers above the original asking price.
If you’re eager to learn more about the ins and outs of buying or selling a home, feel free to explore more on our website. We guide you step by step, ensuring you get the most out of your real estate experience. Choosing the right real estate agent will help you maximize the sale or purchase of your home!
