One of the biggest selling mistakes I see made in the Rock Hill SC area, especially with the ‘For Sale By Owner’ homes, is pricing the house too high. These sellers mistakingly think that if they list their house high, offers will come in and the price will be negotiated down, closer to their desired closing price. Unfortunately, that’s very rarely the case. Especially in our market.
In analyzing past stats of the Rock Hill SC real estate market, one will notice that most homes go for 97% of asking price. This means there isn’t a whole lot of negotiation going on. People want to get it, make an offer, and get on with buying their dream home. They don’t want to dicker back and forth, trying to settle on an acceptable price.
In many cases, what ends up happening when the price is too high is the home seller ends up with very few, if any offers on their house.
A much better approach to take is to price your home right where the market dictates. That way, if the home is priced correctly for the neighborhood and condition, you’ll see a flurry of early activity, you’ll receive several offers, and before you know it you’ll be headed to the closing table at a very good price.
So, if you’re not sure what you should list your Rock Hill SC home at, be sure to consult with a knowledgeable real estate agent that can help you identify a price that’ll draw lots of interest and result in a quick sale for you!
