Naming Your Home’s Price
Pricing your home is a weighty consideration when selling it. Ask for too much, and interest will wane as it wastes away on the market. Ask for too little, however, and you might get it!
When naming your asking price, look at the homes in your area have been sold over the past six months. Check out the active listings in your neighborhood. Ensure you and your real estate professional have considered your square footage and the age of your home into the equation as well.
Be sure to acknowledge the state of the current real estate marketplace. In the current buyer’s market, you may need to price your home well under real estate bubble (circa 2006) prices in order to sell it.