2 Things You Need to Know to Properly Price Your Home

Putting in an offer on a house is both exciting and nerve wracking. At the end of the day, you want to feel confident you have presented a strong.

In today’s market, you need an expert agent who can help price your house right from the start. Homeowners who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the house.

2 Things You Need to Know to Properly Price Your Home In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms.

2 Things You Need to Know to Properly Price Your Home May 28, 2019 / in First time home buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, News, Pricing / by BryanSchmidtMortgage

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2 Things You Need to Know to Properly Price Your Home 2 Things You Need to Know to Properly Price Your home view larger image In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%).

Price: Every home will sell if priced correctly. Too many times I see a seller price their home based on “neighborhood” averages rather than. Thinking that a buyer will not care of one or two things need to be fixed is a dangerous assumption.

According to realtor.com, "the share of homes which had their prices cut increased by 2% compared to last year". Thirty-seven out of the 50 largest US housing markets saw an increase in overall price reductions. In today’s market, you need an expert agent who can help price your house right from the start.

You need to have your own idea of how much your property is worth.. To understand whether your agent is pricing your home properly, read through. Use what you learn about your home's fair market price to evaluate any price. As you and your agent are talking price, the local market may throw you a curveball or two.

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