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How to Price Your Home Right

Hello, everyone. Welcome back to my video blog!

When you list your home, you have to sell your home three different times.

          1.    Determine the price you want to list your home at.
          2.    Attract a buyer to the home and the price attached to it.
          3.    Get an appraisal value that the buyer’s lender will feel       
                comfortable loaning.

Because of this, pricing is one of the most important elements when selling your home. One of the biggest mistakes sellers make is pricing their property too high.  If your property is priced too high, you turn off buyers and while your home may be on the market, it’s not in the market.

Another thing to keep in mind is that an appraiser looks at homes about six months prior. It’s also important, though, to know what your competition is in the current market. How does your home and price compare to others?

We have found the homes that sell for the most amount of money in the least amount of time are those that have been appraised before they are listed. This way we have a strong benchmark to base our initial price off of.

If you have any questions, please give me call. I’d love to help with any of your real estate needs.

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