How much should you ask for? Although you may have an idea of how much your house is worth, it’s important to have your home valued on its own merits by a professional. Be careful not to price your property too high or too low. If it’s too high, there’s no sale; too low and you lose on your investment.
If your listing is an MLS® listing, your REALTOR® will place your listing on a real estate board’s MLS® System. Your property gains more exposure, because it reaches the majority of the real estate professionals in your community.
Sometimes a home doesn’t sell right away. Avoid the urge to pull your home off the market. Be persistent! Generally, there are three reasons why a home may not sell as fast as others: location; condition; and asking price. You can’t change your home’s location. However, you can improve the condition of your home and you can, of course, adjust your price.
How much do you want to spend? Just as importantly, how much do you have to spend? Note there are numerous additional expenses (detailed below) that you’ll pay to complete the purchase of a home.