Pricing your home for sale:
Ask your Real Estate Agent before pricing your home for sale
Your Real Estate Agent will review your home and before suggesting any pricing, he or she will look deeply into some improvements your home may need in order to get a better value on the house.
It might be recommended to do some painting and cleaning which are considered as minor repairing. However, your home may need a major repair such as making a complete roofing replacement. Roofing replacement may cost you anywhere from $6,000 to $20,000 depending on the size and materials used.
However, it will make your home resale value up to an 85% of the money invested on the new roof. Among all of these things related to repairing, your Agent will have a price range in mind and will do a Comparative Market Analysis ( CMA ) to determine your home value according to the neighborhood and market conditions.
Also, ask yourself how much your home is worth and discuss it with your Agent. And, if your home is not selling in a month, ask your Agent if he would recommend a reduction price on or if he would suggest a “seller contribution” where you would offer a percentage back to help the buyer cover closing costs.
An experienced Real Estate Agent will give you the right answer for you to sell the home at the right price.
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