Monday, March 30, 2009

Is My Home Priced To Sell?


Pricing your home is both an art and a science. Achieving the best price is the result both of objective research into comparable properties and the current market. The simple fact is price is the number one factor that most homebuyers use to determine which homes they want to view. And it’s important to remember that although the price is set by you, the value is determined by the buyer.

Some factors affecting your asking price:
How quickly you need to sell.
The amount of competition in your price category & area.
The availability, flexibility and affordability of financing
The sale price of similar homes sold in your area during the past few months

Factors that should NOT affect your asking price:
Investments you made in improvements
The cost to build your home today
Emotional attachment
The opinions of friends and neighbors

The Barb Silcox Team of Keller Williams Real Estate can help you through this process. Call us directly at 215-738-6606 or 215-757-6100 x 176. Check out homes on our website at www.OurDreamHomes.net.