Special offer

Pricing Your Baltimore Home

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

 

 

Price anything low enough and it will sell.

 All the marketing in the world is not going to sell an overpriced listing.

 

You don't need an expert to give you that information.

 

 You might want to read  Debe Maxwell, CRS post on a buyer who did not listen to her advice and lost their dream house. Why? They relied on a national online valuation site.

 

Every week I get callers asking at what price I would list their home.   Seems other agents were giving this information on the phone.

 No I don't  give a list price without seeing the house.

What I can share is what  your home is assessed for, what other

homes are on the active market, what prices the homes in the area are selling for, how long similar homes are taking to sell and what homes have been withdrawn and not sold.

 

Most of my calls  are for unique properties, one of kind, historic, custom contemporary homes, a garage without a house  or a Victorian that has been rehabbed with garage and parking for 9 cars.  

 

How much to list your home?  It depends!

There are more factors to consider.

Do you want or need a fast sale?

 How much do you owe?  Can you afford to sell?    

 

 

Be careful on  what you base your pricing and who you are relying on for information.

Public online valuation sites give some information but are not always (or even close ) accurate.

Homes have sold for much more than the evaluation on these sites and some for much less. I'm not talking about a few dollars either way. I am talking about a hundred thousand dollars either way.

Some advise  to price low and  guarantee multiple offers . That can backfire and you might sell.. but at the decreased price.

 

Make sure the agent giving you the evaluation has sold a lot of homes recently.

Good agents "know" what a buyer will pay for a property.

Do you have questions about pricing your home?

I will be discussing this on Sunday's radio show.

 

All About Real Estate Margaret Rome

 

If you are thinking of selling your home

Call Margaret Rome

 

 

Margaret Rome

 

Posted by

Margaret Rome
HomeRome Realty
Broker/Owner/Realtor®

Baltimore, Maryland


Sell Your Home With Margaret Rome

Radio Host ALL ABOUT REAL ESTATE
Sundays 12 noon.

Author: Real Estate The Rome Way

About me
My blog
My website
My radio podcasts

(410) 530-2400
CALL OR TEXT

EMAIL ME

Comments (11)

Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Great advice for all 50 states!

Mar 25, 2017 09:17 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Thomas J. Nelson, Realtor, CRS Thank you for stopping by.

Mar 25, 2017 09:29 PM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Sellers should call their local experts for a home evaluation and not become dependent on online valuation sites.

Mar 25, 2017 10:06 PM
Margaret Rome Baltimore 410-530-2400

And if in Eastvale, Ca, they should call Les & Sarah Oswald 

Mar 26, 2017 07:32 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Margaret Rome, Baltimore Maryland ,

Excellent advice that applies everywhere..talk to someone who knows what buyers will pay and has a track record in the area. Everyone thinks their home is special (that's natural) but the reality of what it is worth in a given time in the market place is what you need to know! Be careful who you trust for the data and interpretation ..a local trusted Realtor can help you. I'm sure your show will be lively today!

Mar 26, 2017 05:00 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

In the days of old there were brokers who enocuraged a "One step CMA"...you could get the listing on the market faster...never mind that you never saw it..Yicks !

Mar 26, 2017 05:29 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Dorie Dillard So much goes into pricing a property. Be careful of the  person with a spread sheet that shows EXACTLY what your home is worth. 

Mar 26, 2017 07:34 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sally K. & David L. Hanson I do a one stop listing but I have a lot of research BEFORE I go out...then adjust when in the property. I will be mentioning on the show today...have a buyer referral for you or someone in your area. Do you cover Veronia.

Mar 26, 2017 07:36 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Margaret I read Debe Maxwell, CRS post and thought it was excellent as is this post of yours!  Handing out a listing price over the phone seems really nuts to me. There are so many variables that could pop up and make the home worth more or less.

Mar 26, 2017 03:45 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Anna Banana Kruchten I agree with everything. Debe Maxwell, CRS post was excellent an inspired this one. And I am finding agents (nuts) who give prices over the phone.

 

Mar 26, 2017 04:04 PM
Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Margaret, your article is so TRUE! Friday, a gentleman asked me for an estimated home value , and I told him the average sales price for the last six months for his street, however, this is a very rough estimate.  Without my viewing the home, I cannot provide an accurate valuation.

Mar 26, 2017 07:16 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sonja Patterson Hope you made a listing  appointment IF you think he is ready to sell.

Mar 26, 2017 07:52 PM