Wednesday, October 27, 2010

Maryland Real Estate Authority

Maryland Real Estate Authority

Pricing Your Home to Sell

Posted: 27 Oct 2010 02:00 AM PDT

John Day has created the very informative video above to help you "Price Your Home Right and Get it Sold!"

When you are out shopping, you have probably seen an item that you really liked…until you saw the price. You may have even considered in your mind the price range that would have tempted you to buy that item.

The same thing happens with real estate. If have done the work to prepare your home to sell, you will have a property that attracts the attention of prospective buyers who are interested in Maryland real estate. However, if the price is not right, buyers may bypass your home in favor of other properties.

Take some time to examine your motives. There are some people who start the home selling process for a variety of reasons without admitting to themselves that they really are not ready to sell. A common stall tactic is to price your home so it will not sell because if there are no offers, then you can keep the home.

Information really is key when it comes to pricing your home to sell. Taking the time to do the necessary research really pays off. Seek the advice of qualified persons and don’t rely on an old appraisal as a guide. It is important to use current and factual financial data that has been validated. You also need to make sure that you are really comparing ‘apples to apples’ as you look around for comparable properties.
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