Today’s buyer is well informed and price sensitive. A property that is priced over the market can often deter buyers who are serious about finding a property. If the property is under-priced, it most likely will sell quickly--to the detriment of your net proceeds. Care and research should be taken when establishing the original listing price. There are many factors that will affect the selling price. The following should help you determine the price you can expect to receive:
- What are the prices (listing and selling) of similar homes in your area?
- What is the size, layout and condition of your home?
- What is the location of your home, are you in a desirable area that is in demand?
- Does your home have amenities that are currently popular in the marketplace?
- What is the estimated appraisal?
- What is the experience of your Realtor?
- Is it a buyers' market or a sellers' market?
Many people don't sell many homes in their lifetime, but if you select a qualified and experienced real estate agent, you are one step ahead of your competition. Call me today for a free market consultation if you are thinking of selling your home in Minnesota.
Zachary Adams | Realtor | Wright Sherburne Realty | 612-845-7890