Buying a home can be a stressful experience. You need to search for houses, save up for a down payment, and make sure you qualify for a mortgage.
But selling a home isn’t exactly a walk in the park, either, especially if you’re going about the process solo. Sellers often spend weeks, if not months, making repairs to get their homes into shape. Then they have to clean their home, declutter, and deal with a steady stream of potential buyers invading their turf.
But perhaps the most stressful part of selling a home is figuring out what price to list it for. If you ask for too much, you might turn buyers away. If you ask for too little, you might easily find a buyer, but then you’ll end up with less cash than you could’ve gotten.
If you’re looking to sell a home on your own, it’s important to come up with just the right asking price. Here are a few tips to make sure you do just that.
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1. Talk to some real estate agents
If you hire a real estate agent, that person will be responsible for pricing your home. But hiring a real estate agent also means losing a chunk of your proceeds to a commission. And that’s money you may not want to part with.
What you may want to do instead is ask a few agents for a ballpark estimate of what they think your home could sell for. That should serve as a decent starting point.
That said, it’s important to be respectful of agents’ time because they generally get paid on commission only. But if you make it clear that you’ll send other sellers their way in exchange for a little help, they may be willing to offer up some advice.
2. Look at comparably sold homes
Sites like Zillow allow you …….