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Created with Fabric.js 1.4.5 Top 5 Home Pricing Tips Ryan Smith, 2. Research market conditions. 5. Be competitive ! Price competitively from the beginning! Pricing your home at or just below market value captures the initial interest of buyers and makes them want to tour your home. The more interest you have, the faster you will sell your home! YES 1. Use online calculators. Use one of the free calculators to find an estimate of your homes worth before you use a real-estate agent or appraiser. It is important to know whether you are listing your home during a buyers market, sellers market or balanced market. Comparing what houses were selling for a year ago, six months ago, three months ago and now can give you some indication of where the market is headed. 3. Seek the help of a professional real estate agent. A REALTOR® can provide you with a free walk through and Comparative Market Analysis (CMA). A CMA is a tool used by real-estate agents that includes an in-depth analysis of current market conditions, carefully selected comparable properties, and the unique characteristics of your home. 4. Think like a buyer. A common hindrance to a reasonable listing price is a seller with an emotional attachment to the home. Unfortunately, while fond memories can be priceless, their sentimental value doesnt add monetary value to the home, and overpriced homes become overlooked. As a seller, you have to put yourself into the buyers shoes, look at a list of similar homes and imagine which one you would buy.
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