Mark Williams
  • Facebook
  • Home
  • Property Search
    • Search
    • Map Search
    • Featured Listings
    • Open Homes
    • Advanced Search
  • Email Alerts
  • Communities
  • Buyers & Sellers Services
    • Property Organizer
    • Valuation Request
    • Get Your FREE Home Buyer’s Guide here.
    • Get Your FREE Home Seller’s Guide here.
  • Contact
  • Blog

Pricing Your Home To Sell

In addition to location and condition, the asking price of a home is at the top of the list of important considerations. When a potential buyer is looking for a property, they want to get the best possible value for their dollar. This doesn’t mean that a home should be priced too low, but it does mean that knowing how to price your home is a must.

Know The Value

Regardless of whether you are in a buyer’s market or seller’s market, it’s important for every seller to know the actual value of their home with the help of an appraisal. With this information, you will be able to choose a listing price that does not exceed the home’s value. At the same time, you will know how to react to various offers that a potential buyer may make. If you can select a price that is affordable to a range of buyers, you may receive multiple offers thereby sparking a possible competition among the interested parties.

Do Your Homework

The asking price that you choose should not be based on an appraisal alone, but rather a combination of factors. One such factor is that of recent selling prices for comparable homes in the area known as “comps.” Important comparisons include construction year, square footage, views (if applicable), interior upgrades and additional features that make the home unique. While you’re doing research, check out current listings and the asking price for each home available in your area.

Set A Realistic Timetable

In researching the sale price for other comparable homes in the area, you should also note the length of time a particular house has been on the market. Some homes practically sell overnight, while others may remain on the market for months without being sold. If you want to sell your home quickly, you should consider this when setting a price. A bargain will obviously move quicker, but it’s important to make enough from the sale to feel good about your choice. If you aren’t in a hurry to close, talk with your realtor about a fair starting price that’s at or near the appraised value of your home.

Ask Your REALTOR® For Advice

While you hold the key, so to speak, to your house’s actual asking price, most sellers will ask their REALTOR® for their opinion. After all, real estate is their business and they will be working with you through every step of the process. If you choose a REALTOR® that you trust, give great consideration to the advice they offer.

Contact Information

  • Contact Mark
  • (925) 285-0630

Property Search

  • Search
  • Advanced Search
  • New Listing Alerts
  • Open Home Search

Services I Provide

  • Home Value Request
  • New Listing Alerts
  • Property Organizer
  • FREE Home Buyer’s Guide
  • FREE Home Seller’s Guide

Today’s Rates

Home Seller Tips

  • Getting Your Home Ready to Sell

    You would never dream of inviting guests to your house without making certain preparations, so don’t invite potential buyers without first making the necessary updates by preparing your home to sell. If you are like...

  • Home Selling Checklist: The Process Of Selling Your Home

    Once you’ve made the decision to sell your home, it’s time to think about what comes next. Throughout the process, you may find it beneficial to have a checklist to help guide you in some...

  • Pricing Your Home To Sell

    In addition to location and condition, the asking price of a home is at the top of the list of important considerations. When a potential buyer is looking for a property, they want to get...

  • Selling A House With Pets At Home

    When we have pets, they quickly become a part of our family. But when it comes to selling your home, potential buyers may not be impressed by the presence of your four-legged family member. Whether...

  • What Are Lockboxes? How Do Lockboxes Work?

    When a homeowner lists their house with a REALTOR®, they may choose to store their house keys in the lockbox for easy access for the REALTOR® showing the home. In fact, these handy accessories have...

  • When Is The Right Time To Reduce The Price

    Every homeowner must set an asking price when listing their home on the market, but what happens when you don’t receive any offers? Just as it’s important to know when it’s time to sell, it’s...

  • Are Your Neighbors Affecting Your Home’s Value?

    You have put your home up for sale and done everything your agent has advised you to do to prepare your property for sale, but still no offers have come in. If you suspect your...

  • Avoid The Most Common Mistakes When Selling Your Home

    Avoid The Most Common Mistakes When Selling Your Home Here are the most common mistakes people make when selling their property. Home Is Priced Too High This will certainly turn buyers off, and you may...

  • Creating Curb Appeal

    If you’re selling your home, there are a number of things you can do to improve your property’s potential value and appeal. Creating curb appeal is one of the most effective and easy ways to...

  • Home Seller Disclosure Obligations

    Anything that could be potentially harmful to the new occupant or the home itself must be addressed in the seller’s disclosure. Seller disclosure can include previous damage, homeowner’s association fees, or any number of other...

(c) Mark Williams - Designed by SMMCats