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How Can You Avoid Overpricing Your Home?

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Today, we want to talk about something many homeowners are wondering: “How much is my home worth heading into the selling season?”

The first step is to ask your real estate agent for a comparative market analysis (CMA). Your agent will take into consideration improvements you’ve made to the home, the condition of the home, and what homes are on the market, under contract, sold, and even expired.

Another way to find your home’s value is to hire an appraiser. We especially recommend this if your property has unique features. Hiring a neutral third-party, like an appraiser, is always a good idea if you want to avoid overpricing or underpricing your home!

One helpful strategy is to price your home according to the three C’s: competition, consumption, and condition. How quickly are homes in the area selling? Are there a lot of other sellers out there? Is your home in better condition than other homes on the market? These are three crucial questions to ask when looking for the right price for your home!

If you would like the assistance of experts when pricing your home, please give us a call or shoot us an email. We would love to help you accomplish your selling goals!

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