Your next objective
is to consult with your real estate agent to determine the best possible
selling price of your home. You will need to take into account the state
of the local market, the condition of your home, and sales of comparable
homes in your neighborhood. He or she will create a comparative market
analysis by taking into consideration the type of market you are in and
recent sales of comparable properties. Your agent will then guide you
to the best fair market price that will help sell your home within your
desired time frame. Usually, real estate agents have a clearer and more
objective sense of market value than anyone else- including appraisers!
Often, it can be hard
for you, as a seller, to also maintain objectivity, so remember to be
reasonable about the price you set. You will always be better off setting
a fair market value price than setting your price high expecting that
someone will come along and be willing to pay it. If your home stays on
the market too long because it is overpriced, potential buyers may think
that something is wrong with it and you may end up selling it for less
than what you could have gotten if you had started out with a realistic
asking price.
All information provided
is deemed reliable but is not guaranteed and should be independently
verified. Properties subject to prior sale or rental. Questions
and comments should be sent to
mark@show2sold.com.
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