- Consider comparables. What have other homes in your neighborhood sold for recently? How do they compare to yours in terms of size, upkeep, and amenities?
- Consider competition. How many other houses are for sale in your area? Are you competing against new homes?
- Consider your contingencies. Do you have special concerns that would affect the price you’ll receive? For example, do you want to be able to move in four months?
- Get an appraisal. For a few hundred dollars, a qualified appraiser can give you an estimate of your home’s value. Be sure to ask for a market-value appraisal. To locate appraisers in your area, contact The Appraisal Institute (www.AppraisalInstitute.org) or ask a REALTOR for some recommendations.
- Ask a lender. Since most buyers will need a mortgage, it’s important that a home’s sale price be in line with a lender’s estimate of its value.
- Be sure that the contractor has the necessary permits, licenses, and insurance.
- Be accurate. Studies show that homes priced higher than 3 percent over the correct price take longer to sell.
- Know what you’ll accept. It’s critical to know what price you’ll accept before beginning a negotiation with a buyer.
Contact Jenny
Oops! We could not locate your form.
[testimonials_cycle theme=”light_style” count=”5″ order_by=”date” order=”DESC” show_title=”0″ use_excerpt=”1″ show_thumbs=”0″ show_date=”0″ show_other=”0″ hide_view_more=”0″ show_rating=”stars” testimonials_per_slide=”1″ transition=”fade” timer=”5000″ pause_on_hover=”true” auto_height=”container” show_pager_icons=”1″ prev_next=”1″ display_pagers_above=”0″ paused=”0″]
Jenny Kopriva is a professional Clear Lake Realtor with a focus on Clear Lake Iowa Real Estate and Clear Lake Homes for Sale. Contact Jenny today with questions or to find your next dream home!