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10
steps to selling a home |
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Sell with
Us
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Just click
on one of the links below to go through that step in the buying process. |
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Step
2 - Pricing Strategy |
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Your
next objective is to consult with your real estate agent to determine the
best possible selling price of your home. You will need to take into account
the state of the local market, the condition of your home, and sales of
comparable homes in your neighborhood. He or she will create a comparative
market analysis by taking into consideration the type of market you are
in and recent sales of comparable properties. Your agent will then guide
you to the best fair market price that will help sell your home within your
desired time frame. Usually, real estate agents have a clearer and more
objective sense of market value than anyone else- including appraisers!
Often, it can be hard for you, as a seller, to also maintain objectivity,
so remember to be reasonable about the price you set. You will always be
better off setting a fair market value price than setting your price high
expecting that someone will come along and be willing to pay it. If your
home stays on the market too long because it is overpriced, potential buyers
may think that something is wrong with it and you may end up selling it
for less than what you could have gotten if you had started out with a realistic
asking price.
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