In the Springfield housing market, price is king. For the longest time you have heard that the most important thing in real estate is location, location, location. This is not true anymore, in today’s Springfield, MO market it is all about price, price, price. Location still plays a big factor, but today, in Springfield’s market price is king. For a free, no hassle home evaluation go to HERE!
When it’s time to sell your home, pricing your home competitively is the most important thing to get right from the beginning. We all know that prices rose dramatically in the first half of the last decade, then came crashing down after 2007. Given that, it can be difficult for a seller to reconcile the amount they probably paid with the amount buyers are willing to pay today. What you owe on a house has nothing to do with its current value. Pricing your home right from the start is crucial, no matter what kind of market a seller deals with.
Selling a home can be difficult, but it does not have to be impossible. In fact, it can be relatively “easy” if common mistakes are avoided. The mistake that is made most by seller’s, relates to the pricing of their home. The pricing of a home normally determines whether a home will be sold relatively quickly or if it will linger on the market for a long period of time.