competitively with them.
If your home is not selling, then you will need to adjust the price until it sells. A real estate agent can help you determine the minimum price change needed for a sale.
DETERMINING EXACT VALUE
There’s more than one way to find out the value of your home. You can use the following method by itself. However, a combination of some of these suggestions will likely give you the best pricing direction. Hire an appraiser: One way to get an accurate valuation is by consulting a professional. Many appraisers charge hundreds of dollars to give you a reasonably accurate home price estimate. Let me help you: Do you know there is a simple way that is 100% free? As a real estate agent, I have access to the same information. I’d be happy to put together a Comparative Market Analysis (CMA) for your home!
The CMA will provide you with the following information:
• Detailed information on each house sold in your area over the last six months, along with final sale prices. If you are thinking of selling, this will help you price your home realistically. • Detailed information on all houses for sale in your area and their asking prices. These homes are your competition. Skip ahead to the end of this book if you would like more information on how to request a free home valuation.
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