Friday, April 29, 2016

Pricing Your Home

Choosing a listing price for your home is extremely important. You don't want to charge too much or too little. If you ask more than the market value of your home, it will take longer to sell, and you will probably have to lower your price in order to sell at all. If you ask less, you wont get the best deal.

Look at Comparables

The selling price of comparable homes is the key to pricing your home. Your agent should be able to supply you with a list of comparables. If you are selling your home on your own, you can still get this information from agents. Simply call several and ask for it. Inform the agents that you are selling by yourself, but will keep them in mind. Most will be happy to oblige you in the hopes that if you eventually decide to use an agent, they will get the listing.

Do Some Legwork

Don't trust that the homes on the list you receive are truly comparable. Check them yourself. If a home has a different number of bedrooms or bathroom or other amenities, you can rule it out. Next, look at only the most recent sales. Lastly, drive by the homes that seem truly comparable tos ee how yours stacks up.