How To Price Your House To Sell
How To Price Your House To Sell!
Price is probably the most important factor in selling your house. In fact, the price of your home will determine if people will actually consider buying your home or not. If you price your home too high, you will turn away a number of prospective buyers. If you price your home too low, simply to get people to look at your home, you may lose out financially. How do you set a price that is fair to you but that won’t turn off prospective buyers?
Here are some tips that will be helpful to you as you seek to find the perfect price!
There is a difference between the asking price(or listing price) and the sale price of the home. Realize that very few people ever get the price that they ask for their home. If it is a seller’s market, chances are that you may be offered a price that is very close to the listing price.
If it is a buyer’s market, or if there are more homes available than the number of people looking to buy homes, you may get some very low offers. Therefore, you may want to list the home accordingly. The price of your real estate assessment may or may not help. The assessment is usually used to determine the amount of taxes that you will pay, not the listing price or market value of your home.
Check to see the listing price of homes that are similar to your home. One of the best ways to determine the list price of your home, as well as the market value of your home, is to check around. You can look in the real estate section of your newspaper or look online for this information.
First, find a home that is similar to your home in a location close to your location. The home should include similar amenities and have the same number of baths and bedrooms. Then, note how much the listing price of the home is. You may also want to check properties that have sold to see what the actual selling price was.
This method is incredibly helpful when trying to determine listing prices. Ask for the advice of an experienced real estate professional. Getting the advice of a realtor is the best way to figure out the proper price for your home. A good realtor will be able to accurately determine the market value of your home and also predict the amount of money that you may receive for selling your home.
In addition, the realtor can also make suggestions as far as improvements which may enable you to list your home at a higher price.
Get an appraisal. This is a good idea even if you have a realtor. In fact, many real estate professionals will suggest that you get an appraisal when selling your home, just to make sure that the listing price is accurate.
Consider modifying the listing price if necessary. If your house has been on the market for awhile and you have not had any offers, you may want to think about reducing the listing price of your home slightly. This can generate interest in your home and may also lead to a sale!
Talk to your realtor. He or she can suggest a good strategy and offer tips to help you sell your home at the best possible price.
If you’d like our free opinion-of-value report of your home, just send us an email with your home address to info@traditionslouisville.com