How to Sell Your Home for the Right Price

by Noreen & Wayne 01/07/2019

Establishing a competitive initial asking price for your house often can be difficult. Fortunately, we're here to help you determine the ideal asking price for your home, regardless of the current housing market's conditions.

Now, let's take a look at three tips to help you set the right initial asking price for your home.

1. Study the Housing Market

How does your residence stack up against the competition? Evaluate the prices of comparable houses in your city or town, and you can narrow your home price range.

Furthermore, it helps to examine the prices of recently sold residences in your area. With this housing market data, you can find out whether you're preparing to enter a buyer's or seller's market. Then, you can map out your home pricing strategy accordingly.

2. Conduct a Home Appraisal

A home appraisal offers a valuable learning tool for a home seller. It allows a seller to receive expert insights into the value of his or her residence. As a result, a seller can get a property valuation from a home appraiser and use this figure to establish a competitive home asking price.

In addition, it may be beneficial to conduct a home inspection prior to listing your house. An inspection enables you to learn about any problems that may affect your house's value. And if you choose, you can use a home inspection report to prioritize assorted home repairs that may help you boost the value of your house.

3. Collaborate with a Real Estate Agent

If you're unsure about how to price your residence, there is no need to stress. In fact, you can hire a real estate agent to receive comprehensive support at each stage of the home selling journey.

A real estate agent is happy to help you assess your house and determine the right price for it. He or she is unafraid to be honest, and as such, will offer unbiased home pricing recommendations. That way, you can establish a competitive price from day one of the home selling journey and increase the likelihood of a quick home sale.

Also, a real estate agent goes above and beyond the call of duty to assist a home seller. This housing market professional will set up home showings and open house events to showcase your residence to prospective buyers. Plus, he or she will keep you up to date about offers on your residence. A real estate agent will even negotiate with a buyer's agent on your behalf to ensure you can maximize your home sale earnings.

Perhaps best of all, a real estate agent will respond to your queries throughout the home selling journey. If you ever have home selling concerns or questions, you can simply talk to your real estate agent and receive expert support.

Take the guesswork out of pricing your residence – use the aforementioned tips, and you can set a competitive price for your home in any housing market, at any time.

About the Author
Author

Noreen & Wayne

 PERSONAL

Noreen and Wayne have built hundreds of quality relationships over the years, and their long-term success stems from these valued friendships. "Our goal is to make the home buying and selling process easy, transparent and as enjoyable as possible..."

Noreen & Wayne believes in real estate innovations and have a passion for COST SAVINGS SOLUTIONS. They ensure the best client satisfaction with their customer focused CORE (Client Oriented Real Estate) practices.

COMMUNITY INVOLVEMENT

  • St Patrick's Yorktown Music Ministry, Yorktown Chapter AARP, Chamber of Commerce, Yorktown Help Food Pantry

ACHIEVEMENTS

  • 2011-2016 Top Producing Agents
  • 2010-2018 Westchester Magazine 5 Star Professionals

PROFESSIONAL SPECIALTY

  • Senior Real Estate Specialist
  • Certified Buyer Representative
  • Military Relocation Professional
  • Short Sale & Foreclosure Resource Specialist

PROFESSIONAL ASSOCIATION

  • National Association of Realtors
  • New York State Association of Realtors
  • Hudson Gateway MLS
  • MidHudson MLS

AREAS COVERED

Noreen & Wayne, Associate Brokers, 914.406.5291 or 914.406.5292

  • Yorktown: Yorktown Heights, Mohegan Lake, Shrub Oak, Crompond, Jefferson Valley
  • Peekskill
  • Cortlandt Manor: Montrose, Buchanan, Croton-on-Hudson
  • Surrounding areas of Westchester, Putnam & Lower Dutchess Counties