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When you´re selling your home, the price you set is a critical factor in the return you´ll receive. That´s why you need a professional evaluation from an experienced realtor. This person can provide you with an honest assessment of your home, based on several factors including:
- Market conditions
- Condition of your home
- Repairs or improvements
- Time frame
In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days.
If the price of your home is too high, several things could happen:
- Limits buyers. Potential buyers may not view your home, because it would be out of their buying range.
- Limits showings. Other salespeople may be less reluctant to view your home.
- Used as leverage. Other realtors may use this home to sell against homes that are better priced.
- Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, "what´s wrong," or "why hasn´t this sold?"
- Lower price. An overpriced home, still on the market beyond the average selling time, could lead a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you´ll probably get less than if it had been properly priced at the start.
- Wasted time and energy. A bank appraisal is most often required to finance a home.
Realtors have known it for years ? Well-kept homes, properly priced in the beginning always get you the fast sale for the best price! And that´s why you need a professional to assist you in the selling of your home. I can give you an educated idea of what your home´s value is based on experience, local knowledge, and comparable actual sales in your area! I am happy to be able to provide this service free of charge. |