Pricing your home
The Right Price Means a Successful Sale
Pricing your home is both an art and a science. Achieving the optimal price is the result of both objective research into comparable properties and a gut feeling about your property and the current market.
The right price should:
The simple fact is, price is the number one factor that helps home buyers determine which homes they want to view. And it's important to remember that, although the price is set by you, the value of the home is determined by the buyer. Try to avoid allowing your enthusiasm to impact your better judgement--overpricing is a common mistake that can cost you in the end.
With that in mind, here are some reliable guides to use when pricing your home, all of which comes recommended by the Council of Residential Specialists--a select group of REALTORS® with significant experience and advanced training in residential sales.
Factors That Affect Your Asking Price
Factors That Should Not Affect Your Asking Price
Problems That Can Arise from Overpricing