Is My Home Priced to Sell?
Pricing your home is both an art and a science. Achieving the optimal price is the result both of objective research into comparable properties and a gut feeling about your property and the current market.
The right price should attract buyers, earn you the most money possible, and help you sell as quickly as possible.
The simple fact is, price is the number one factor that most homebuyers use to determine which homes they want to view. And it's important to remember that, although the price is set by you, the value of the home is determined by the buyer. Try to avoid allowing your enthusiasm to impact your better judgement - overpricing is a common mistake that can cost you in the end.
With that in mind, here are some reliable guides to use when pricing your home, all of which come recommended by the CRS (Council of Residential Specialists) - a select group of REALTORS with significant experience and advanced training in residential sales.
With a mix of real-world experience and advanced training, a CRS has the tools necessary to compute the fair-market value of your home based on both the marketplace and personal considerations like your must-sell date. Remember, the right price is the key to a successful sale. So work with a CRS to price your home accurately the first time.