• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Bob Smith

Bob Smith | Experience counts | Keller Williams Realty | Celina, Texas

  • Home
  • Search
    • Advanced Search
    • Map Search
    • MLS ID Search
    • Market Reports
    • Mortgage Calculator
  • Communities
    • Anna/Melissa
    • Celina
    • Fairview/Lucas
    • Frisco
    • McKinney
    • Van Alstyne
  • Home Value
  • Resources
    • Sellers
      • Seller Video Tips
      • 8 Steps to Selling a Home
      • Practicing Good Seller’s Etiquette
      • Sell and Make a Profit
      • Staging Tips
    • Buyers
      • Buyer Video Tips
      • 8 Steps to Buying a Home
      • Deciding How Much House You Can Afford
      • Location, Location, Location
      • Home Buying Tips
  • About
    • Local Offices
      • North Texas Keller Williams
        • Keller Williams McKinney
        • Keller Williams Celina
        • Keller Williams Russell Group
        • Keller Williams Richardson
        • Keller Williams Frisco
        • Keller Williams Denton
        • Keller Williams Plano
    • Blog
  • Reviews
  • Contact

Sell and Make a Profit

The asking price you set for your home significantly affects whether you will profit in the sale, how much you will profit and how long your home will sit on the market. Your real estate agent’s knowledge of the overall market and what’s selling – or not selling – will be invaluable in helping you determine the price. The objective is to find a price that the market will bear but won’t leave money on the table.

Here are some points to consider:

Time. Time is not on your side when it comes to real estate. Although many factors influence the outcome, perhaps time is the biggest determinant in whether or not you see a profit and how much you profit. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. Therefore, if your goal is to make money, think about a price that will encourage buyer activity (read: fair market value).

Value vs. Cost. Pricing your home to sell in a timely fashion requires some objectivity. It’s important that you not confuse value with cost – in other words, how much you value your home versus what buyers are willing to pay for it. Don’t place too much emphasis on home improvements when calculating your price, because buyers may not share your taste. For instance, not everyone wants hardwood floors or granite countertops.

Keep it simple. Because time is of the essence, make it easy for the buyers. Remain flexible on when your agent can schedule showings. Also, avoid putting contingencies on the sale. Though a desirable move-in date makes for a smoother transition between homes, it could cause you to lose the sale altogether.

Footer

  • Home
  • Communities
  • Buyers
  • Sellers
  • About
  • Blog
Bob Smith | Keller Williams Realty

214-263-0816 | Email Us
1212 S Preston Rd
Celina, Texas 75009


Handcrafted with by Michael Tritthart Team. | Privacy Policy.