Setting the right price for your home

If a home is priced too low, you won’t benefit from the optimal profit. If a home is priced too high, potential buyers may be scared away.

To determine the best asking price review the cost of recently sold homes, evaluate the competition and study marketplace trends. Accredited Realty Group Sales Associates are trained to use this information to help you reach the right asking price. It is also helpful to discuss other terms and conditions, such as timing and items that can be included with the sale of the home. Both of these can make your home more attractive to potential buyers.

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A formal written appraisal can be useful if you have unique property, if there hasn’t been much activity in your area recently, if co-owners disagree about price, or if there is any other circumstance that makes it difficult to put a value on your home. Appraisers consider the location of the home, its proximity to desirable schools and other public facilities, the size of the lot, the size and condition of the home itself and recent sales prices of comparable properties, among other factors.