Pricing Your Home

 

How Should You Determine Asking Price?

You obviously want to sell your house for the highest possible price, and you may even have a number already in mind - but is it reasonable? Home prices should reflect four main factors:

  • The current market
  • The price and speed at which similar homes have closed or gone under contract
  • The location, condition and features of your home
  • Your goals and timeline as a seller.

When considering and determining what price to list your home at, it is important to remember that if you list your house too high, less buyers will see it and it's liable to sit on the market. The longer a home sits on the market, buyer's become more hesitant and the home becomes less attractive. On the other hand, if your price is too low, you end up leaving thousands of dollars on the table.

As an owner it can be hard to detach yourself from the sentimental value you place on your home. Having the help of an agent who can look at your home objectively and who understands the climate of the current market will help ensure your price is just right for both the marketplace and your goals.

Curious as to what your house is likely to sell for in today’s market? Please submit the form below or call or email me for a no-obligation Personal Consultation. I’ve got the answers for you.

 

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