Thinking It Might Be Time to Sell Your Home?

There are many things to think about when deciding to put your home on the market. Selecting a realtor, preparing your home, and perhaps the most important step, knowing your buyer and coming up with a price. '

Time is not on your side when it comes to real estate. Although many factors influence the outcome, perhaps time is the biggest determinant in whether or not you see a profit and how much you profit. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. Therefore, if your goal is to make money, think about a price that will encourage buyer activity

Pricing your home to sell in a timely fashion requires some objectivity. It's important that you not confuse value with cost - in other words, how much you value your home versus what buyers are willing to pay for it. Don't place too much emphasis on home improvements when calculating your price, because buyers may not share your taste. 

The asking price you set for your home significantly affects whether you will profit in the sale, how much you will profit and how long your home will sit on the market. Your real estate agent's knowledge of the overall market and what's selling - or not selling - will be invaluable in helping you determine the price. The objective is to find a price that the market will bear but won't leave money on the table. 

Visit our website at www.searchingdaculahomes.com to use our free tools to determine what your home would list for based on actual live homes for sale in your market. Contact us with any questions and good luck!