- Consider comparables. What have other homes in your neighborhood sold for recently? How do they compare to yours in terms of size, upkeep, and amenities?
- Consider competition. How many other houses are for sale in your area? Are you competing against new homes?
- Consider your contingencies. Do you have special concerns that would affect the price you’ll receive? For example, do you want to be able to move in four months?
- Get an appraisal. For a few hundred dollars, a qualified appraiser can give you an estimate of your home’s value. Be sure to ask for a market-value appraisal. To locate appraisers in your area, contact The Appraisal Institute or ask your REALTOR® for some recommendations.
- Ask a lender. Since most buyers will need a mortgage, it’s important that a home’s sale price be in line with a lender’s estimate of its value.
- Be accurate. Studies show that homes priced more than 3 percent over the correct price take longer to sell.
- Know what you’ll take. It’s critical to know what price you’ll accept before beginning a negotiation with a buyer.
Thursday, April 22, 2010
Tips For Pricing Your Home
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hi
ReplyDeletethis is nice post and very use full for that type of people that wants to have their own homes.this post will help them to fix the prices of homes and buy home in good price.Having home is the basic wish of any person in which he live with his family with peace.but high price are the main Resistance in front of his wish.