Pricing Your Home to Sell
Pricing homes to sell can be incredibly difficult for homeowners. There are many factors that go into pricing a home to capture the best price, but seller’s feelings about the home unfortunately do not come into play. This is one of the most important decisions you’ll have to make when selling your home, so it’s crucial that you partner with an experienced, diligent broker. Buyers select by comparison shopping, so your home will have to be priced competitively with the market in order for it to sell. A real estate professional can help you determine the market value of your home while still obtaining the top-dollar price for your home.
Some of the things to consider when calculating your home price are:
- What is the age & condition of your home?
- Does it need updating?
- What have similar homes in your area sold for?
- Have homes in your area been increasing or decreasing in value?
- Are there a lot of homes for sale in your area?