To move homes for sale quickly and make good money on the deals, set the right asking price. The real estate broker at Best Value Realty, in Plano, TX, discusses what to consider when pricing homes for sale. This real estate company helps area property owners to price and sell their homes whether the market is high or low.
Use these tips to help you set the right listing price for your home:
- Research: Do you know the recent sales in your neighborhood for homes that compare to yours? Spending a few hundred dollars for a real estate appraiser’s professional report and opinion of value is one way to find out. For a less expensive alternative, have a real estate agent prepare a comparative market analysis. Called a CMA, the report gives you a good idea of your home’s market value.
- Reality Check: Of course, you want top dollar for your home, but be realistic. Overpriced homes deter buyers and delay home sales. On the flip side, bargain basement listing prices scare buyers; they see a red flag that something is wrong, even when there isn’t. When pricing your home, leave room for negotiation to make your best deal.
- Real Estate Agent: A good real estate agent will help you set the price. They’ll tell you where your home stands in the current market, giving you a view that you would not see on your own.
With more than 30 years of real estate listings experience, a Best Value Realty agent’s advice can make the difference between a hot, profitable sale and one with lots of smoke but little fire. Before you put your home on the market, call Best Value Realty, in Plano, TX, at (972) 307-5060. Talk to a real estate agent about pricing your home for sale, and visit their website for current real estate listings.