Chris Penny Team Real Estate Blog - May, 2024

Unlock Your Home's True Value: Why Asking for Less Can Mean More

Posted by Chris Penny on May 20th, 2024

Everyone wants to get the best price for their home. Naturally, you might think listing it at a high price is the best strategy. But what if lowering your asking price could actually yield better results? In this post, we'll discuss how asking for less can lead to a better sale for both you and your buyers.

The Psychology Behind Lowering Your Asking Price

When potential buyers see a home listed at a slightly lower price, they often perceive it as a great deal and are more inclined to act quickly. This sense of urgency can lead to increased interest and even a bidding war. By pricing your home lower, you can create excitement and attract more buyers.

Attract a Broader Audience

Pricing your home slightly lower can make it more attractive to a…

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Avoid These 7 Common Mistakes When Selling Your Sudbury Home

Posted by Chris Penny on May 16th, 2024

Are you planning to sell your Sudbury home? Avoiding common mistakes can make a significant difference in the success of your sale. Here are seven pitfalls to steer clear of:

1. Neglecting Curb Appeal: First impressions matter! Neglecting the exterior of your Sudbury home can turn away potential buyers before they even step inside. Invest in landscaping, touch up paint, and ensure your home's facade looks inviting.

2. Overpricing: Setting the right price is crucial. Overpricing your Sudbury home can lead to it sitting on the market for too long, potentially deterring buyers who perceive it as overvalued. Work with a real estate professional to determine a competitive yet realistic price.

3. Ignoring Repairs: Deferred maintenance can lower your…

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