how to price a home: How to Determine List Price of a Home
- 09/28/17 12:16 PM
When I work with a seller to determine the list price for her home, I usually give a range instead of a specific amount. It’s usually about a $10,000 range, although it can be larger in the $500K price point. Then I have a lengthy conversation with the seller to explain how I got this list price range, which homes I used as comps (and why), how an appraiser’s value might be different, and how long it’s currently taking to sell a home in this price range and in this community. We talk about the pros and cons of her home (6 comments)