If you’re thinking about selling your house in the 94203 zip code (or anywhere in CA, one of the first things you’ll think about is selling price. How much should you sell the house for? But there’s one question you should understand first, and that is: How important is the asking price when selling a house in Sacramento CA? In this blog post, we’ll answer this question to help equip you when you sell your house…
When you want to sell your house, you set an asking price. Of course, most people know that this is rarely the selling price – so why set an asking price at all? Just how important is the asking price when selling a house in Sacramento CA?
An asking price is actually a very useful “tool” that does 3 things for you.
First, It Attracts Certain Buyers And It Repels Certain Buyers
There are buyers at every price point in the spectrum. A higher price will catch the attention of higher end buyers (while it repels low-end buyers) and a lower price will attract the attention of lower-price buyers (while it repels high-end buyers).
There’s nothing wrong with this – after all, you don’t want to waste your time trying to sell your house to someone who has no intention of buying. So the right asking price can be used to help the right buyers see your house as a desirable purchase.
Second, It Reveals Information To Buyers
The price of your house, in comparison to similar houses, will reveal information to potential buyers. For example, if you live in a neighborhood where the average sale price is $100,000, and you’re asking $75,000, what does that say to buyers? It says that your house may need some work or you’re in a hurry to sell. And what if you live in that same neighborhood but ask $125,000? It might say that your house is superior to the other houses because of how you’ve decorated it.
Third, It Is The Starting Point Of Negotiations
It’s very rare for a house to sell at exactly the asking price. All home sales are negotiations between the sellers and the buyers (and the agents that might represent them). The asking price simply puts a piece of information out there for negotiations to begin from. As a seller, you might put out the price and then work on getting a higher price while your sellers start with that price but work on getting a lower price.
So, just how important is the asking price when selling a house in Sacramento CA?
It’s very important to help a house sell. But it’s not the only way to sell! If you’re not sure what your asking price should be, or if you’d like to skip the sales process altogether, you can get a cash offer from us!
At Upright Property Investments we are a family owned real estate investment business. My wife and I hold ourselves to a standard. To be honest, fair and transparent in working with you on this very important time and question of selling your home. A lot goes into this! Maybe your home for whatever reason is physically not in great shape. The thought of having to take on the cost and hassle of getting this all done seems impossible. This is where Upright Property Investments can come in. When we purchase your home, we buy it “As-Is” you simply do not have to touch a thing. We buy homes in ANY condition. So don’t worry or think about costs for repairs. Leave that all for us and walk out the door.
Yes, my wife and I are real estate agents. So you can be assured that the transaction will be done in a professional manner. Yet you will not pay ANY closing costs or real estate fees. Again that is on us. Our commitment is to provide for you and your family quality information on the current real estate market and how that relates to your home. We will do this openly and fairly! Our desire is to see a “Win-Win” situation take place.
So we encourage you to pick up the phone give us a call and give us a chance to sit down and see if together we can find a path to get you out of what might be a tough situation. I truly believe whether we buy your home or not we can help you. Give us a try!