How to Sell Your Home for the Right Price

by Bienek Properties of Sonoma 01/07/2019

Establishing a competitive initial asking price for your house often can be difficult. Fortunately, we're here to help you determine the ideal asking price for your home, regardless of the current housing market's conditions.

Now, let's take a look at three tips to help you set the right initial asking price for your home.

1. Study the Housing Market

How does your residence stack up against the competition? Evaluate the prices of comparable houses in your city or town, and you can narrow your home price range.

Furthermore, it helps to examine the prices of recently sold residences in your area. With this housing market data, you can find out whether you're preparing to enter a buyer's or seller's market. Then, you can map out your home pricing strategy accordingly.

2. Conduct a Home Appraisal

A home appraisal offers a valuable learning tool for a home seller. It allows a seller to receive expert insights into the value of his or her residence. As a result, a seller can get a property valuation from a home appraiser and use this figure to establish a competitive home asking price.

In addition, it may be beneficial to conduct a home inspection prior to listing your house. An inspection enables you to learn about any problems that may affect your house's value. And if you choose, you can use a home inspection report to prioritize assorted home repairs that may help you boost the value of your house.

3. Collaborate with a Real Estate Agent

If you're unsure about how to price your residence, there is no need to stress. In fact, you can hire a real estate agent to receive comprehensive support at each stage of the home selling journey.

A real estate agent is happy to help you assess your house and determine the right price for it. He or she is unafraid to be honest, and as such, will offer unbiased home pricing recommendations. That way, you can establish a competitive price from day one of the home selling journey and increase the likelihood of a quick home sale.

Also, a real estate agent goes above and beyond the call of duty to assist a home seller. This housing market professional will set up home showings and open house events to showcase your residence to prospective buyers. Plus, he or she will keep you up to date about offers on your residence. A real estate agent will even negotiate with a buyer's agent on your behalf to ensure you can maximize your home sale earnings.

Perhaps best of all, a real estate agent will respond to your queries throughout the home selling journey. If you ever have home selling concerns or questions, you can simply talk to your real estate agent and receive expert support.

Take the guesswork out of pricing your residence – use the aforementioned tips, and you can set a competitive price for your home in any housing market, at any time.

About the Author
Author

Bienek Properties of Sonoma

Vince and Mary are well-respected by their REALTOR peers in Sonoma's Wine County for their hard work, dedication and integrity. They are passionate about real estate and have a proven track record of exceeding the needs and goals of their clientele. Vince and Mary work as a team. Together, they make up one of the most successful teams in Sonoma County. They specialize in applying their expertise and market knowledge to consistently meet and exceed the needs and goals of their clients. Vince and Mary work with sellers, buyers and investors in both residential and commercial markets.

They have built a reputation for tenacity and protecting the interests and investments of their clients. Vince attended Oral Roberts University in Tulsa, OK, where he studied Business Administration. As a collegiate baseball player, Vince helped lead Oral Roberts University to their only appearance in the College World Series in 1978. After college, Vince played professional baseball for five years in the Chicago White Sox Organization. Vince has a strong background in sales, sales management and the building products industry. As part of his sales management experience, Vince successfully negotiated national contracts with the top 20 builders in the United States. These skill sets have enabled him to be a strong asset for his clients. Mary attended college at the University of Kentucky before completing her BS in Sociology at California State University, San Bernardino.

Mary has been in the business of helping people make the "move" to their next landing place for many years. Be it a home across town or across the country, Mary has paved the way for many buyers and sellers to transition into the next phase of their lives. Vince and Mary are also active volunteers in the Sonoma Valley. They volunteer at Relay for Life, Vintage Festival, Sonoma Film Festival, as well as The Boys and Girls Club of Sonoma Valley. They have a passion for the community they live and work in.