Pricing Your Home

At any time, many homeowners are thinking about putting or having their home on the market.  Even if the property is maintained and staged properly the seller needs to think about the list price, prior to listing their property.  When listing your home, you need to consider the following signs that may cause you to adjust the selling price.  Prior to listing a home, homeowner needs to be aware of the type of housing market they are currently in in their area. Determine if you are located in a seller’s, buyer’s or balance market.  If the area has low traffic and is not getting viable offers, this is an indication listing prices are higher than buyers’ wish to pay.  Similar if homes nearby are selling quickly; you may be able to ask for a higher price. If a seller has strong sentiment about their property, this can cause problems setting a realistic listing price.  In this case the seller needs to research how much buyers are willing to pay for the property.  To avoid these problems, listen and possibility take the advice of your realtor.