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Determine Your Selling Price:
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When you’re selling your home, the price you set is a critical factor
in the return you’ll receive. That’s why you need a professional
evaluation from an experienced realtor. Lillian Staples can provide
you with an honest assessment of your home, based on several factors
including: Market conditions, Condition of your home repairs or
improvements time frame.
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In real estate terms, market value is the price at which a particular
house, in its current condition, will sell within 30 to 90 days. If
the price of your home is too high, several things could happen: It
limits buyers. Potential buyers may not view your home, because it
would be out of their buying range. Limits showings. Other salespeople
may be less reluctant to view your home. Used as leverage. Other
realtors may use this home to sell against homes that are
competitively priced. Extended stay on the market.
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When a home is on
the market too long, it may be perceived as defective. Buyers may
wonder, “what’s wrong,” or “why hasn’t this sold?” Lower price. An
overpriced home, still on the market beyond the average selling time,
could lead a lower selling price. To sell it, you will have to reduce
the price, sometimes, several times. In the end, you’ll probably get
less than if it had been properly priced at the start. Wasted time and
energy. A bank appraisal is most often required to finance a home.
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