There are a number of factors that a Home Seller needs to consider when pricing their home for sale.
Factors Which Do Not Influence Value
•· You need more equity than you have
•· You may have invested in Repairs and Improvements
•· Prices of homes where you are moving
•· Refinance Appraisal
Dangers of Overpricing
•· Miss the Window of Opportunity
•· Perception of being stale
•· Takes longer to sell
•· Ultimately sells for less
•· House never sells
Any or all of these factors may come up during the evaluation of pricing your home for sale. Just make sure you discuss these items with your Realtor, and don't make a mistake that could affect the outcome of your Home Selling Experience.
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