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Sage Realty LLC Reveals All You Need to Know About Pricing Homes for Sale

In the residential real estate marketplace, the success of selling a home depends heavily on pricing. Correctly pricing a house is a skill that represents 80% of marketing.  Once the ideal price is established, everything else follows.   Without the right price, buyers looking for homes for sale will not even come across your property on their initial search on the internet. Consequently, receiving offers on your property may prove to be difficult.  In order to ensure that sellers are able to sell their homes and that buyers receive a fair price, exclusive buyer’s agency Sage Realty LLC recommends a few tips to follow when putting a home up for sale.

How Should You Go About Pricing Your Home?

Before you even think about listing your home, doing what the buyers will have done is necessary: analyze all the homes that have been recently sold or are still on the market that are similar to yours in size, location, and features. If you have time to do a little more research, go to see some of the homes for sale in person and compare them with your own.

A good real estate agent can help you price a home to attract a lot of buyers and maximize the return at the same time. Setting a price that is not too high to discourage buyers, but high enough to make you the most money is key.

Should You Get an Appraisal?

Most homeowners are under the false impression that the appraiser is the one who knows the true value of the home, but this simply is not true. The market knows the true value of a home; therefore getting an appraisal before deciding on how to price your home is not necessary.  While the appraisal can take into consideration a number of factors such as size, previous/recent sales, age, and lot size, this is only a black and white view of your property. Take into consideration the aesthetics of light, décor, setting, neighborhood status, proximity to town centers, time on the market, availability of alternatives, and other factors when pricing your home.

Often, to validate the loan amount, the buyer’s lender (or secondary market) hires an appraiser to assess the value of the property. The buyer pays for this appraisal fee, but is not involved in hiring the appraiser.  Although the buyer pays the fee, the appraiser has no duties to the buyer. The lender is the only party that relies on the appraisal.

To learn more about how to price homes for sale or the services that are available from Sage Realty LLC, visit their website at: https://www.findahomeinpa.com/.

Sage Realty LLC

 

37 West Avenue

Suite 103

Wayne, PA

19087

Phone: 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.