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Sunday, September 23, 2012

Who Can a Seller Trust When Pricing a Home to Sell?

I guess the question should be "Should a seller ever trust anyone?"  When a home owner mentions, even in passing, they are considering selling their home, the opinions start to flow freely from self appointed experts.

Who really knows what your home's  listing (selling) price should be?

Is it the guy down the street who knows everything?  Maybe it is the relative who happens to sell real estate in another state?

Is it the the Internet outfit that provides estimates based on old data that has not been verified for accuracy?  Old data gathered and correlated by non-local "expert" services is, in my opinion, rarely valid.

Or is it just a matter of knowing what you paid for your home and what improvements you have made over the past ten years?   Can you really trust yourself to be unbiased?

If not any of these then who can be trusted?

Start with a local knowledgeable real estate agent.

OK, if you are thinking of selling, start with three local knowledgeable real estate agents.

Arrange meetings with each of these agents.  Listen to their presentations and review their "comps."  Chances are very likely they will be close - within reason.

For more on "comps" read this... What do all these "Comps" mean when it comes to pricing my house to sell?

If you are considering selling your Brevard County, Florida, call me for a free market analysis.  I will explain what my comps mean.

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