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Our Experts Explore the Key Role of Pricing When Listing Homes for Sale in Wayne, PA

Homes for Sale in WayneThe latest data shows that the more your home is above market value, the less visibility you will receive on the marketplace. Many sellers across the region are facing listings issues which cause their homes to remain on the market for months. Few elements play as important a role within the sale process as the price of the home compared with its market value. We will explore how to price your Wayne, PA houses for sale effectively and strike a balance that assures a fast sales process and a strong return.

Remember that Low Pricing Can Support Multiple Bids

One of the reasons many homeowners give for their reluctance to place their homes at lower than market value is that they feel uncomfortable selling at that price. However, studies show that homes priced at just 15% lower than the average market value will receive interest from 90% of local buyers. A lower price presents you the opportunity to significantly increase the visibility of your home on the marketplace, while allowing you control over the final price. At a lower pricing level, you have more chance of attracting multiple bids from your target buyers.

Work with Your Agent to Select Pricing

Homeownerslisting their homes for sale in the Wayne, PA, market often make the mistake of trying to go their own way when choosing the price of the property. Unfortunately, lack of knowledge or experience can lead them to set the price too high initially, and then their homes spend months on the marketplace without attracting any interest. Work with your local real estate agent in the price setting process. Ask your agent to evaluate the home and consider all recent upgrades and then work together to set a price at which you are comfortable and will attract a large local audience.

Review Comparable Homes in the Area

When honing your pricing strategy, review comparable homes in the area and the prices they have sold for recently. Going through this process will give you a clear indication on the pricing levels the market will bear for your property, and will help you mitigate the challenges associated with a price that is either too low or too high for the current marketplace.

Trust Sage Realty to Help you Set the Right Price for Homes for Sale in Wayne, PA

The Sage Realty team has a great deal of experience guiding home sellers in refining their property marketing strategies. To learn more on how to effectively price houses for sale in the Wayne, PA, marketplace, or to set up a consultation, contact us today at 610-687-4000.

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Featured Listing

True Walk-to-Wayne

425 N. Bellevue Ave
Wayne, PA 19087

$775,000
MLS# PADE399110
4-5 bedrooms
3.5 Bathrooms

Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.