It’s a fact that one of the biggest reasons a home doesn’t sell is that it’s not priced right. If your home is priced accurately it should sell rather quickly, especially in today’s market. So how do you know if your house is priced accurately? Here are a few factors to consider when deciding on an asking price for your home:
1. Home sellers, are you letting your emotions get the best of you and setting your asking price too high? If so, try not to set your asking price based on emotions but rather on data.
2. Does your home need repairs? If so, you should address these issues beforehand. This will eliminate low ball offers.
3. Does your house have an adequate design and appeal? In addition to repairs, an appraiser will consider the overall design and appeal of the house.
4. Did you get an comparative market analysis (CMA) from a real estate agent? Unlike a real estate agent that is working for you, an appraiser is working as a neutral third party. We appraisers are trained to determine the value of your home based on market data. So you can rest assured that the final value is arrived at based on recent sales and listing data.
Norman Hubbard Nationwide was founded in 1991, and since that time we have been dedicated to providing the finest customer service in the industry all while providing an appraisal service that is timely, accurate and efficient.