Setting the Right Selling Price Affects Your Bottom Line - Whether you're considering selling your home, or your house it already on the market, the price you set is a critical factor in the return you’ll receive. In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days. If the price of your home is too high, several things could happen: Limits buyers.  Potential buyers may not view your home, because it would be out of their buying range. Price it right, it will attract more buyers. Limits showings.  Other salespeople, as well as buyers, may be reluctant to view your home if it is overpriced. Price it right and they will come! Used as leverage.  Other realtors may use this home to sell against homes that are better priced. You want to sell not be compared to. Extended stay on the market.  When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?” Again, price your home right, it will attract more buyers and sell! Lower price.  An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you’ll probably get less than if it had been properly priced from the very beginning. Overpriced may not appraise.  A bank appraisal is most often required to finance a home. Well-kept homes, properly priced in the beginning ALWAYS get you the fast sale for the best price! To get an honest opinion of what the price of your home is, complete the form below for your FREE Over-the-Net home evaluation. You'll be glad you did!