A Home Selling Guide
Pricing Your Home
What price will my house sell for?
Accurately pricing your home is the key to getting the highest return without spending too much time on the market. So, how do you determine the right price for your home?
Working with an agent to gather information on seasonality, local market conditions, and how your home compares to other listings in your area will help you understand How to Price Your Home For Sale.
❱Why is an accurately priced home important?
Overpricing your home could leave your home sitting on the market for too long. If your home is underpriced, you could leave significant money on the table.
Using tools like Windermere’s free Home Worth Calculator can give you an idea of how much your home could fetch on the market. While these tools can only provide an estimate of home value, it’s a good place to start. We recommend working with one of our agents to help you correctly price your home.
❱How do real estate agents price homes for sale?
Your agent will conduct a Comparative Market Analysis (CMA), factoring in your home’s location, its condition, recent nearby sales, and similar homes that are currently for sale to find the best price for your home.
Review our beginner's guide to home appraisals for information on what factors into a home’s appraised value, what to do if the appraisal value is too low, how to find a qualified appraiser, and more.
❱What’s the difference between market value and appraised value?
During the selling process, you’ll encounter several interpretations of your home’s value from different sources. Learn more about the difference between market value, appraised value, assesed value, and more.
❱What are local market trends in my area?
For a full breakdown of the housing market in your area, visit our Quarterly Market Updates page for detailed reports from our Chief Economist, Matthew Gardner.
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Seller Essentials
free Download:
Guide to Selling a Home
Want more in-depth information? Download our free Guide to Selling a Home for everything you need to know about selling your home, all in one helpful PDF. With a repair and cleaning checklist, steps to closing, moving tips, a glossary of terms, and more, it's the ultimate resource for when you're getting ready to sell your home.
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