The past few years have been a wild ride for home sellers. Picture this: sky-high home prices, eager buyers, and rock-bottom interest rates. Ah, the good ol' days! But, as Bob Dylan famously sang, "The times, they are a-changin'." Today’s housing market is like a different planet compared to a few years ago. If you're thinking about selling your home, you might be scratching your head, wondering how to price it right when everyone around you is still clinging to those dream prices.
First things first, team up with your real estate agent - ME and take a gander at recent sales, not just those pie-in-the-sky listings. You might be in for a surprise—homes are often selling for less than their listing prices. Ouch! Also, keep an eye on the trends. Are sales prices inching up month-over-month, or are they on a downward slide? Knowing this can help you decide whether to aim higher or lower than recent sales.
In areas where comparable sales are as rare as hen's teeth, especially in markets with many custom homes, consider getting a professional appraisal. Sure, it’ll cost a few hundred bucks, but it’s worth it for a crystal-clear view of the local market. Appraisers take into account the unique features of your home, recent sales, and sales prices. So, if your home has a stunning view, a sprawling lot, or a top-notch remodel, this info is golden.
Lastly, trust your seasoned real estate agent’s advice. Resist the urge to join the overpricing bandwagon. Keep your expectations realistic. This strategy will help you sell quickly and fetch the best possible price in today’s market.
Ready to dive into the current real estate waters? Let's make waves together and get your home sold for a price that’ll make you smile! Below is my Guide for Home Sellers!
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