The Price is Right

There are several factors that go into selling a home. Not only is the livable space within the home important to buyers, but also location, condition, and most importantly, price. You want to make sure your home is priced correctly for the location and condition, while not selling yourself short. 

Your agent should be well versed in the current state of the local real estate market, how your neighborhood is doing and how your home compares to others nearby (in terms of features, size, and condition). A comparative market analysis will give you information about the homes that currently active on the market, currently under contract, and recently closed.

You also want to make sure you have a discussion about how much you would like to net from the sale of your property. Make sure you are budgeting for any additional expenses while selling your home- including agent commissions, additional repairs the buyer may ask for, and closing costs. 

Are there any features of your home that are unique in your neighborhood, or that add (or subtract) value? Any recent upgrades/remodeling? Age of appliances? These are all items to keep in mind when pricing your home accordingly.

 

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