Ignite FB Tracking PixelHave You Set a Competitive Price for Your Residence? - Sterling Realty Group LLC

Have You Set a Competitive Price for Your Residence?

by Sterling Realty Group LLC 12/03/2018

If you want to enjoy a successful home selling experience, it generally is helpful to establish a competitive initial asking price for your residence. With an aggressive price, you can stir up lots of interest in your home. As a result, you can increase the likelihood of a fast home sale.

Now, let's take a look at three tips to help you set a competitive initial asking price for your house.

1. Conduct a Home Appraisal

A home appraisal enables you to receive a property valuation. Then, you can use this valuation to determine how to price your house.

In addition, it often is beneficial to conduct a home inspection prior to listing a residence. An inspection allows you to receive insights into any home problems. Once you have a home inspection report in hand, you can prioritize house repairs and upgrades, improve your home and get the best price for your residence.

2. Evaluate the Local Housing Market

Take a look at the prices of available houses in your city or town that are similar to your residence. By doing so, you can establish a price range for comparable homes and use this information to decide how much to ask for your house.

Also, you may want to take a look at the prices of recently sold houses in your area and find out how long these residences were available before they sold. This housing market data can help you differentiate between a buyer's and seller's market.

3. Consult with a Real Estate Agent

Pricing a home can be difficult, particularly for those who are listing a residence for the first time. If you work with a real estate agent, however, you can receive in-depth house selling insights and ensure you are better equipped than other sellers to optimize your home sale profits.

A real estate agent is happy to help you set an initial asking price for your home that hits the mark with buyers. He or she first will learn about you and your home and create a custom property selling strategy. Next, a real estate agent will help you prepare your residence for the real estate market. And when you're ready to sell your house, a real estate agent will add your residence to the local housing market and promote your home to buyers.

Of course, a real estate agent provides lots of assistance throughout the home selling journey too. A real estate agent will offer honest, unbiased recommendations at each stage of the home selling journey. Best of all, he or she will respond to any of your home selling concerns and queries.

As you get set to enter the real estate market, you should consider how to price your residence. Thanks to the aforementioned tips, you can set a competitive initial asking price for your home. That way, you can generate significant interest in your house as soon as it becomes available.

About the Author

Author
Sterling Realty Group LLC

Here's what I can tell you as a tenured licensed associate real estate broker in Michigan. 

- Dedication and continuous real estate education keeps me at the top of my profession. 

*FOR SELLERS- Many qualified buyers are looking to buy a home like yours right now! We have more buyers than properties available.
Why don't you reach out to me and let me guide you in researching putting your home on the market? 

*FIRST TIME HOME BUYERS - Let me help you get pre-approved. Banks are offering low rates. Many loan programs are available, some Zero down. Owning a home could be cheaper than rent! Why don't you reach out to me and let's talk through the different financing options available. 

*INTERESTED IN PURCHASING A LAKE FRONT HOME? Sterling Realty Group LLC serves the hundreds of lakes in Hillsdale, Lenawee, Jackson and Branch Counties. Specializing in the "Irish Hills" (US 12 from the northeast corner of Hillsdale County, taking in the northern portion of Lenawee County and most of southern Jackson County into Washtenaw County) The beautiful Irish Hills contains many lakes, state parks, and Michigan International Speedway. What kind of lake are you considering? ( all-sports=speed boats/jet skis or a fishing=no wake rule) What acreage, depth, base, or lake chain do you want? Want kind of fish can be reeled in? Approximate distance from my metropolitan area? 

Here's what sets me apart from other real estate agents.

From saylesmm; Belle is fantastic, very personable, knowledgeable and she communicates in a very timely manner! She made selling our home an easy experience. We highly recommend her and would definitely use her services in the future.

From qlockwood; Belle did a wonderful job of managing the whole selling process for us. We had two houses listed with her and we closed on both of them at one location back to back same day. I recommend her to friends and family.

From user90038804; While it was a long drawn out process thanks to our lender, Belle hung in there with us and kept the sellers from pulling out. This was our dream home and it’s ours all thanks to her!

From misseann2003; I worked with Belle Stier to purchase my home and really can’t say enough good things about her. She is knowledgeable, approachable, personable, endlessly patient, and incredibly generous with her time (including mornings, evenings, and weekends over the course of several months 

From user14997761; Belle helped me buy a foreclosure home. Was very helpful and responsive. I actually recommended her to my grandparents when they were trying to sell their home. If I'm ever looking again I will definitely give her a call.

From Angie; We appreciate everything & have been giving your name out as a realtor.