|
Your
next objective is to consult with your real estate
agent to determine the best possible selling
price of your home. You will need to take into
account the state of the local market, the condition
of your home, and sales of comparable homes in
your neighborhood. He or she will create a comparative
market analysis by taking into consideration
the type of market you are in and recent sales
of comparable properties. Your agent will then
guide you to the best fair market price that
will help sell your home within your desired
time frame. Usually, real estate agents have
a clearer and more objective sense of market
value than anyone else- including appraisers!
Often,
it can be hard for you, as a seller, to also
maintain objectivity, so remember to be reasonable
about the price you set. You will always be better
off setting a fair market value price than setting
your price high expecting that someone will come
along and be willing to pay it. If your home
stays on the market too long because it is overpriced,
potential buyers may think that something is
wrong with it and you may end up selling it for
less than what you could have gotten if you had
started out with a realistic asking price. |
