Well the one thing I can say for sure is that pricing your home is very important. In order to sell a home you must price it correctly and make sure you have a strong marketing plan. Your chances of selling your home as a by owner seller increase greatly if you get the pricing part correct. You will want to research your home's value in great detail. Your starting point for this research should be a Free Property Valuation Tool to get a starting point for price.
Once you have the potential price you need to further your research to validate a final starting price. You may want to interview 1 or 2 real estate agents to see what they would suggest. You will also want to check with your local county records office to see what other homes have sold for recently. Another idea is to check with a bank to see what they would value your home for if you were getting a new home equity line. There is also the option of having an appraisal completed prior to listing your home for sale.
Remember no matter what you think your home is worth the current market ultimately determines sales price. The correct price along with a strong marketing plan will always get a home sold quickly. Do not make the same mistake many sellers make with price and that is to overprice their home.
Sunday, September 7, 2008
Pricing Your Home When Selling FSBO
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