Homeowners that are looking for a new place to live or are relocating to another city will have to think about selling their current home first. There are a number of steps to getting your house on the market and into the hands of a buyer, and price is one of the most important elements of the sale. In order to price your home to sell while still providing you with a profit, it is important to conduct some research.
The most important piece of information to help determine your price is what comparable properties are selling for. You will want to look at a number of similar homes to see what the original list price was and at what price it sold. After that, you will want to take a look at your neighborhood sales. While not all the houses will be the same size or have the same amenities, location to desirable shopping, good schools and parks can add to your potential price. Foreclosures or other negative neighborhood aspects could drive your price much lower.
Many home sellers feel that they will start with a higher price in order to leave room for negotiations. This isn’t always a good strategy, especially in today’s market. If you price your home above the current market, it will remain unsold for some time. During this time, you are paying your mortgage, utilities, property taxes, and maintenance costs. These costs usually add up to more than the money you might make by listing at a higher price.
In a seller’s market, homes that are priced aggressively will often yield multiple buyers and multiple offers. If you can get multiple offers, your home can often sell for more than what you ask for the home. When buyers compete against each other, you win.
Together, we could come up with a great pricing strategy to get your home sold. Please contact me on Facebook or by phone at 281.798.4599.
@TheTexasBroker (a.k.a Allen Keith Hebert)
Your one-stop source for real estate services covering the Houston Metro Area. With a focus on exceptional service, you’ll find everything you’ll need from complete MLS listings, valuable home value calculation tools, neighborhood information , and school information! Do you need to sell your home, click here to request a comparative market analysis!
In today’s competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other home buyers to the hottest new homes for sale in Houston with my New Listings Notification Service.
If you own real estate that you’re thinking of selling, I would be happy to provide you with a FREE Home Evaluation.
Whether you are buying or selling a home hire someone like me, who will earn your business. I invite you to contact me as I’d be happy to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in Houston, please contact me as I am more than willing to help.
I service all areas of the Houston Metro Area. I work with you for commercial or residential real estate. Do you need to sell your home? If you are looking for land, homes, townhomes, condo’s, loft’s or an apartment complex, or an experienced real estate agent this is the place.
While you are here, feel free to have a look a couple of my current listings below.
So until then, should you, your family, or your colleagues need a realtor please don’t hesitate to contact me via Facebook or by phone at 281.798.4599.
@TheTexasBroker (a.k.a Allen Keith Hebert)
