Considering the Sale of Your Home? How to Make Sure You Don’t Over- or Under-Price It

Considering the Sale of Your Home? How to Make Sure You Don't Over or Under Price ItIf you’ve been thinking about putting your current home on the market, one of the first things that may come to mind is how much you will be able to list it for. For many sellers, the price figure is extremely important, as it can be the starting point for how much you will have available to put towards the purchase of your next residence.

There are several websites that will give you an estimate of what your home may be worth – and many of these are easy to use. One option is Zillow. By just simply typing in your home’s address, Zillow will provide you with a “Zestimate” of its value. You can use this service by going to: www.zillow.com/how-much-is-my-home-worth/.

Likewise, you can also use the home valuation tool on realtor.com. As with Zillow, all you have to do is provide your complete address, and the site will come up with the estimate of your home’s value. You can also request a personalized report. To use realtor.com’s home value tool, visit: www.realtor.com/sell.

While online home valuation services may be convenient, they are not always very accurate, though – and because of that, sellers will oftentimes be disappointed if they aren’t able to bring in potential buyers due to a listing price that is much too high.

With that in mind, one of the very best ways come up with a more accurate list price is to work with a professional real estate agent who will run figures on comparable properties (or “comps”) that are most similar to yours – and in turn, that can provide you with the figures that you require.

Are you considering the sale of your home, but you’re just not sure where to start in terms of its list price? If so, give us a call today. We will provide you with a free, no obligation home valuation, along with other tips on how to attract potential buyers.

By |2018-04-24T19:37:41+00:00April 24th, 2018|Advice, Home Selling|

About the Author:

I grew up in the Bowie-Crofton area with my 3 other siblings. As the middle child, I have a natural talent for negotiating! I moved to the Annapolis area for several years after I graduated college, and I currently reside in Arnold with my wife, son, and daughter.