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Listing Your Home: Factors to Consider

When it comes to determining your home’s value, it’s important to remain impartial.
Buyers in the market aren’t interested in the price you originally paid for your home,

or your selling and financial goals. Additionally, while your home might have
characteristics that you value highly, they could potentially be features that limit the
number of buyers who would be interested in purchasing your home, which can

decrease the overall market value. Research conducted by the National Association of
REALTORS® shows that more buyers purchase their homes at fair market value, not
above it.

You’ll also want to consider the current real estate market and trends. Are home
prices in your neighborhood up or down? Are there still a lot of properties with high

days-on-market numbers?

The Benefits of Pricing Right:

° Your home is exposed to qualified buyers

° Your home is marketable

° REALTORS® will show your home to their buyer clients

° The closer to market value the higher the offer

° A well-priced home can generate competing offers

° Your home will sell faster

° Your home will appraise

Ultimately, the asking price that you decide on should reflect your overall selling goals.
Are you looking to sell quickly, or do you have time to wait for the right offer to
come around? Make sure to consider why you are selling before setting your asking

price.