Kellie Pillors
REALTOR®
520-301-8969
Contact by E-mail

Tips For Pricing Your Home

 

·         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 your 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 accurate. Studies show that homes priced more than 3 percent over the correct price take longer to sell.


·        
Know what you’ll take. It’s critical to know what price you’ll accept before beginning a negotiation with a buyer.


 

Avalar Advantage Realty 1630 E. River Rd. 212, Tucson, AZ 85718, P:520-301-8969