Once you have decided to sell your home, the next major decision you must make is how much to ask for it?
Here are some tips to help you with the process of pricing your home.
Realistic pricing increases the odds of achieving your desired sale price. A home that is on the market too long sends a signal that ‘something must be wrong with the property.’
Contact your local First National Real Estate Agent
Through expert local knowledge and national strength, First National Real Estate can assist you in establishing a realistic price for your home
. First National Real Estate will estimate a price based on location, age, size, features and market variables such as interest rates, buyer demand and the availability of financing.
Who do you believe?
Avoid being influenced by the experiences other people have had with the sale of their homes. After all, no two homes, streets, or seller relationships are ever the same. An estimate of the sale price of your home can be obtained by researching sale prices that have recently been achieved, for similar properties, within your neighbourhood.
Remember, the true value of your property will ultimately be determined by the purchaser. It is the job of your agent to plan a campaign that will enable you to maximise their offer.
Pricing for the market
If your price is too high, you face the risk of preventing the most important ingredient of real estate selling – a combination of prospective purchasers who are currently looking for homes in your price range.
Time is money
When it comes to selling your home, time is money. Every day a home doesn’t sell because it is incorrectly priced equates to additional expenses. These can take the form of mortgage repayments, interest, taxes, insurance and maintenance.
Like you, First National Real Estate has an interest in realising the best possible price for your home. Sound, up-to-the-minute market experience and proficient service will assist with pricing your home to sell.
Whether you are selling, buying or investing, First National Real Estate can help with a series of informative guides.
Click here for First National's buyers', sellers' and investors' guides
Search for a property
Contact your nearest First National Agent
Request a free market appraisal
Dowload a copy of 'Price your home to sell'