The most important tool in sell real estate is pricing it well. Keep in mind that your home’s value is not based on the construction costs or the amount you paid; it is set by market conditions at the time you choose to sell. Obviously, real estate professionals and appraisers are equipped to determine value, but there are 3 “C’s” you can consider to start thinking about what your home is worth:
Look for what other homes in your neighborhood or building have sold and the features of those in comparison. You can access much of this information at your local government site right from the comfort of your own home.
Compare your home with similar properties currently for sale on the open market. Be cautious, however, as these homes have not yet sold and may, in fact, be overpriced. Analyze their competitive features. Think about the improvements you can add to your properties to make your offer more attractive. Take care of the garden. Ask yourself where can I get good Lawn Care Near Me.
Do you have any special concerns that will affect the price you should receive? This may include upcoming assessments, a need to move in a particular time frame, or needed major repairs.
KNOW your bottom line upfront to save time and problems once you begin negotiating.
Be cautious about overpricing your home and list to your agent. An overpriced home will cause it to take longer to sell, result in fewer showings, and will only help to sell other homes.
