Learning to Price for Buyer Satisfaction
You, like so many Arizona homeowners, have one question: how to sell my house fast in Phoenix? To answer this question you’ve studied curb appeal and repairs, mastered staging and de-personalization, and have even secured a realtor to shoulder the burden of paperwork and appointment schedules. These elements should combine for a speedy – and financially satisfactory – result.
Hero Brother Homes warns homeowners that these efforts may not be enough to achieve high profits. Instead you may experience from extended DOMs and fruitless showings. Why? Check your price!
The Pricing Game
How to sell my house fast in Phoenix? This thought drives your realty dreams. However, too often do those dreams shatter in the wake of high prices and low flexibility, with buyers unwilling to match your expectations.
Zillow suggests altering the bottom line to ensure steady showings and eventual offers:
Scenario: Showings but no offers.
Adjustment: 3% to 5% decrease.
Scenario: Drive-ups and low showings.
Adjustment: 6% to 11% decrease.
Scenario: Drive-ups but no showings.
Adjustment: 12% to 15% decrease.
By utilizing this formula you and other Phoenix homeowners can better assess overall pricing needs and adjust according to buyer responses.
Stay Aware of the Comps
Price adjustment isn’t merely defined by buyer interest. It’s also shaped by neighborhood factors. Be aware of surrounding properties, examining their estimated values, costs per square footage, and listing amounts. These will determine your home’s overall worth and will also dictate the amount you can (reasonably) request.
Conclusion
Is this a familiar question: how to sell my house fast in Phoenix? You, like so many Arizona sellers, want fast results. Those results require proper pricing, however, and a willingness to adapt to the market. To learn more contact Hero Brother Homes today!