Why You Should Be Realistic When Selling Your Home

“How do I sell my house fast?”


That’s the first question on most home seller’s minds and why shouldn’t it be? Paying for two mortgages is a financial mess that most people can’t afford to find themselves in. But if you’re not careful, it’s the same exact situation that you could put yourself into if you price your home too high.

The Problem With Overpricing Your Home

A lot of home sellers think that they SHOULD overprice their homes when putting it up for sale. Their reason? It gives them extra room to haggle. They believe that by pricing it a bit above their expected selling price, they won’t have to take that big of a financial hit once the property’s been sold. But here’s the thing, most home buyers won’t bother haggling the price of a property down to a figure they can afford if it’s too high up. 


Remember, home buyers only care about one thing, and that’s making sure that the home they want to buy is worth how much they’re willing to pay. 


By pricing your home above average, you don’t give it wiggle room for haggling. You make it far too expensive for most interested parties to even bother haggling. This is true even for prime properties in coveted locations. 


Again. Buyers don’t care about your sentiments, such as how much money you put into the property, or how much money you’d prefer to have on-hand once you move to your new home. They just want to get their money’s worth, which is right around the average selling price in your area if not preferably lower. 


If by any chance, an interested home buyer decides to make an inquiry about your property, its number of Days on Market (DOM) is likely to turn them away. This is because, once a property has exceeded the average number of DOM for properties in an area, it’s a huge red flag for home buyers. They most likely will think that the property isn’t worth the money anymore, even if they manage to haggle the price down. 


When pricing your home, it’s important to take a close look at the average price of real estate in your area, and how much time it took for a particular property to sell at a certain price.

Talk To Your Real Estate Agent

The best way to sell your home for a reasonable price without having to put yourself in a huge financial hole by paying for two mortgages for half a year or so is to have a good talk with your real estate agent. 


A competent real estate agent will be able to share with you a Comparable Market Analysis (CMA). This will contain important information. This includes listings and sale prices of nearby properties, as well as active listings under contract and those that have yet to sell over a certain period of time. 


A CMA stretching as far back as six months should give you and your real estate agent an objective means of pricing your home.

Handing Over Cash For House in Front of Beautiful New Home.

Sell Your Home to a Cash Buyer Today

If you want to take the hard work out of the home selling process, a good way to get your house sold within a month or two is to talk to a cash buyer. 


Between competitive pricing and saving you from the hassle of the typical home sale, as well as paying for a real estate agent and other fees, selling to a cash buyer might end up netting you more money in the end. 

Download our
FREE Market Guide

  • This field is for validation purposes and should be left unchanged.

See Our Google Reviews

Estefania Castaneda
Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or rent.read more
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
Next Reviews

Site Map
Privacy Policy

Click for the BBB Business Review of Cash Buyer New Jersey