When you decide to sell your Portland home, you want to choose a price that is competitive, brings a large payoff and doesn’t leave you regretting the sale. However, arriving at the right price can be a tricky part of the process. Below are four keys to pricing your Portland home that will help you find the ideal price that you can be happy with.
When pricing your Portland home, there are many great online home value estimation tools available. For an accurate estimate of what your home is worth many only need your address along with a few details about your home. You’ll also be able to see what similar homes have sold for and give you an idea of the market in your area. This online estimate tool is a great place to start when pricing your Portland home.
Once you feel like you are ready to list your Portland home, connect with an agent and set up a walk through so she can see your home and all that it has to offer. Your agent will be able to sit down with you and give you accurate recommendations about the best price for your home given its current state in comparison with the market. She can help steer you in the direction of upgrades and renovations that will add value to your home, as well as provide information about schools in your area that will appeal to families and help your sale move quickly.
Create a Bidding War
It’s important to find ways to create multiple offers on your Portland home in order to bring about a bidding war; this will give you the best buyer at the best price. There are a number of factors that can create a bidding war, but some are beyond your control (such as school systems and parking) so you need to find the factors that you can control that will make your home more desirable. Stage your home to show it in the best possible light. Clear out all clutter and make it stand out to the buyers. Make sure that the key selling points are listed up front and don’t leave any potential buyers wondering about anything.
Let Go of Emotional Attachment
You’ve spent years in your Portland home and have many memories there from the countless hours of work to having raised your family here; but your potential buyers don’t always care about that. Buyers care about the home itself and whether it fits with their wants and needs. Try to set aside your emotional attachment to the home and consider your current market when pricing your home. Keep in mind the price your emotions put on the home won’t be the same as the recommended list price.
Your house has been a home to you for many years. Take the time to help potential buyers see it as their future home. Set aside your emotions and determine a price that you are comfortable with that also reflects the market.