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How Much Should You Ask For Your Home?
...the "asking" price is not the same as the "selling" price. Homeowners naturally wish to obtain the best possible price. However, be realistic and do not place such a high price on your home that prospective purchasers will be discouraged from inspecting or making offers on the property.
Owners should not determine the selling price based on what they believe they "need" to sell their house for. Using this as a guide is not wise and would probably under or over value your home. The "fair market value" of your house is the only certain guide to follow for the best returns.
Homeowners often believe they have a fairly good idea what their property is worth. Keep in mind that the "asking" price is not the same as the "selling price" of a house. Sellers advertise the "asking" price (what they want), not the selling price (what they will take). Even if the seller on your block disclosed their selling price, it would probably be higher that what they actually received. No one likes to admit how far they came down from their asking price!
Owners should not determine the selling price based on what they believe they "need" to sell their house for. Using this as a guide is not wise and would probably under or over value your home. The "fair market value" of your house is the only certain guide to follow for the best returns.
Homeowners often believe they have a fairly good idea what their property is worth. Keep in mind that the "asking" price is not the same as the "selling price" of a house. Sellers advertise the "asking" price (what they want), not the selling price (what they will take). Even if the seller on your block disclosed their selling price, it would probably be higher that what they actually received. No one likes to admit how far they came down from their asking price!
Copyright © 2009 Mehdi Sheikholeslami. All rights reserved.