Why Pricing Your Home Correctly Matters

Why Pricing Your Home Correctly Matters

When it comes to selling your home, getting the price right from the outset is essential. Here’s why:

Increase Your Chances of a Successful Sale
Homes that take over 100 days to sell have just a 56% chance of reaching completion, with 44% of those sales falling through. However, if your property’s sale is agreed upon in under 25 days, the likelihood of a successful completion jumps to 94%.

Avoid Losing Buyers
Overpricing your home can deter potential buyers, leading to fewer viewings and offers. On the other hand, underpricing might result in a quick sale, but you could end up settling for less than your home is worth.

Maximise Your Return
Working with your estate agent to determine a competitive price based on a detailed market analysis is key. This approach ensures your property is priced correctly according to current market conditions and comparable properties.

Attract More Interest
A well-priced home is more likely to attract interest, potentially leading to multiple offers and a better final sale price.

Speed Up the Process
Homes priced accurately from the start typically sell faster, reducing the stress of a prolonged selling process.

If you need advice or assistance in setting the right price for your home in Bishop's Stortford and the surrounding areas, give us a call at 01279 801165 or email us at hello@willmottandlake.co.uk. We're here to help you achieve a successful sale!