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3 Critical Things to Consider When Pricing Your Home

By
Real Estate Agent with Keller Williams Realty

Preparing to sell your home? If so, I assume the thing you’re most curious about is the price you should list your home for.  To get a rough estimate, use our free valuation tool.

 

free home valuation

 

When selling your home, there are three critical elements to consider:

 

1. The Market Conditions in Your City and Neighborhood

The market conditions in your city and neighborhood will play a major role the pricing of your home. It can help you position your home correctly on the market for a fast sale.  How are market conditions determined? By calculating possible prices based on other similar homes in your city and neighborhood that have recently sold.  A good listing agent will provide this valuable data free of charge.

 

2. The Condition of Your Home

Regardless of whether the market in your area favors buyers or sellers, the condition of your home can be the difference-maker to determine your home’s value.  You are probably aware of any major home improvements you need to make.  However, it’s a good idea to ask a professional such as a listing agent to make recommendations.  The agent may notice things you haven’t thought about. Most importantly, he or she can help separate any “must do’s” from “should do’s”.

 

3. The Time Frame for Selling Your Home

Before listing your property, you need to determine how fast you want to sell.  Are you expecting top dollar for your home and willing to wait for the right buyer to come along that’s willing to pay that price?  Or, are you willing to price it low for a quick sale?  Keep in mind that if your home is priced too high, you run the risk of it staying on the market a long time. The key is to consult with a listing agent to price your home consistent with your time frame for selling.

 

Again, if you’d like a quick, rough estimate of your home’s value, use our free valuation tool. If you’d like to get an in-depth CMA, please schedule a free, haggle-free consultation with our listing agent, Jacques Hensley

Posted by
Wes Shields
The Shields Team
Your life. Your goals. Our priority.
 
Keller Williams Realty
1033 Hamilton Place
Johnson City, TN 37604

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