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  • Sellers | The Real Estate Pros Blog

    Sunday, January 13, 2019   /   by Mandee Sears

    2 Important Lessons in Pricing Your Home Right, the First Time

    Pricing your home right, the first time takes research. Pricing too high could mean not selling. Pricing too low could mean leaving money on the table. It's complicated and you need guidance and data to price it so it sells and you can move on to the next big adventure! 

    Buyers think of value, but are more concerned with price. Your home’s price is one of its most attractive — or unattractive — features. The right price can attract buyers, quickly. The wrong price could mean the house sits on the market, which can create the thought among buyers and agents that there’s something wrong with it. 

    To price your home right the first time, consider the following lessons:


    Value vs Market Value
    Your home has value, no doubt. The Market Value is the price a buyer is willing to pay for your home. It's calculated by looking at the recent sold, comparable homes in your area. This is how an appraiser will report the market value of a property to the mo ...

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