What Price Should We Sell Our Home For?

Q: We’re about to sell our house. What price should we sell our home for? David & Danielle, Knoxville, TN

A: Great question, David & Danielle. Everyone wants to get the highest price possible for their property when they sell it. Few people know how critical the way you price your property is to getting the highest price when you sell it.

Here are 3 tips that will help you price your home so you can get top dollar for it when you sell it:

  1. Go out and look at similar properties for sale in your neighborhood. This will allow you to see what the eventual buyer of your house will see when they are out looking for properties to buy.
  2. Objectively determine the market value of your home. Your emotions run high when you buy or sell a home—take the emotion out of the equation and get a comparative market analysis from an experienced Realtor that sells lots of houses in your neighborhood.
  3. Price your house correctly right away. The 1st 30 days is key, because this is when interest in your property will peak. If you don’t get both interest and purchase offers in the first 30 days, you put yourself at a huge disadvantage.

Thanks for your question, David & Danielle, good luck.

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