My home has been on the market for months, why hasn't it sold?
Answe: Without a doubt the number one reason people can't sell their home fast is the price is too high.
In order to price your home to sell you need to know the true market value. Everyone claims their home is worth more than it really is worth. The truth is that your home is only worth what someone is willing to pay for it. Knowing this, it is important to find out what people are paying for homes that are comparable to yours. There are several methods of getting good home values and the list follows:
There are several websites that offer free home appraisals and most use public records to determine your home value. Basically the websites use local home sales to give you an idea of what your home is worth. It is important to only pay attention to the price that has been paid for a home that has been sold. Prices being asked for homes currently for sale are only fantasy until someone steps up and makes an offer.
Hire a professional appraiser and you will get the true value of your home. The price of a professional appraisal is around four hundred dollars here in Delaware.
There is another good reason to get a professional appraisal and that is credibility. Appraisers are licensed professionals and may only use sold data to determine value. Presenting an appraisal to a prospective buyer indicates authenticity and is rarely questioned by a buyer.
Have an experienced real estate agent like Tom Davis go ahead and pull the comparables for your home. This is an art and you need someone with experience to do this.
Fact is you can't sell your home if it is not priced right. Make sure you get a good estimate of what your home is worth and then price your home for slightly less to make it a competitive home for sale.
I'd be delighted to discuss this further. Please give me, Tom Davis a call at (302)398-3757 and I'll be glad to help in any way I can. Also if you wish to see other homes in your area for sale please visit: www.FreeHomeSearch.dreamstation.com