Pricing Your Home
Parts art and part science, home valuation involves comparing local properties, tracking market movements, and taking stock of present inventory. Over- or under-pricing is often a seller’s biggest mistake.
Asking for too much money for your home is riskier business than asking for too little. Overpriced homes often sit on the market for months at a time. When this happens, such homes are likely to bring in less than market value when they finally do sell.