Pricing your Home properly to sell OR not to sell

Reblogger Will Nesbitt
Real Estate Agent with Nesbitt Realty at Condo Alexandria 0225-089134

Pricing your home properly to sell or not to sell is a good blog I had to reblog. The article provides plenty of information about checking how much the home is worth and pricing the home to sell. For more information continue reading below

Original content by Michael J. Gallo SL2337465

Selling your home in today's market takes proper pricing.  When you interview Realtors(R) for the job of marketing your home and representing you in the sale there are many questions that need to be answered.  The main question is "how much is my home worth?"  When a Realtor(R) comes into your home for your sales consultation they have done research on your neighborhood and have knowledge of what homes sold for and what their price was while on the market.  They will also study the homes that did not sell and their pricing.  This information is Fact.  Solid statistical information to help you properly price your home.

 Your homes value is determined by what homes similar to yours have sold for in your immediate neighborhood.  Short Sales generally sell at market value.  Do not get caught in the mindset that the house next door sold and was a short sale so your home is worth a whole bunch more.  I have seen short sales sell for more money than the non short sales in the neighborhood because the short sale home was in "better condition" than the home built in 1985 and has an original interior.  A short sale is a home that sells for less than the homeowner owes due to the current market value.  If I sold my home today it would be a short sale and one of the nicest homes on the street.  Don't get trapped in the short sale mindset.

Just the Facts Jack!  Stick to the statistical data and properly price your home to sell.  Sometimes we think certain things and try to make them justify the wrong price.  These thoughts usually include:

What you paid - What your Neighbor Says - What your wife/husband Says - What you Want - What you need - Cost to Rebuild today.

Bottom Line:  The value of your property is determined by what a buyer is willing to pay and what a seller is willing to accept in today's market.  Buyers make their offer based on what other homes sold for in your neighborhood (even the short sales).  Statistically the first offer you get on your home will be the best offer.

Your best course of action is to ask your Realtor(R) to refer you to an appraiser and have your home professionally appraised.  If you dont want to spend the money for an appraisal you are left only one option.  The Sales Data.

To find out the Value of your New Port Richey, Trinity, Port Richey or Hudson Home Click Here


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