When selling your home, there are over 120 variables that effect the price and terms received.

Price and time to sell go hand in hand. Want to sell quick? Price lower. Most sellers want a good mix of time and money. Statistically, a home sells for less money when it takes longer than 30 overall days to sell; compared with an example where a home was sold in less than 30 days.

In a buyers market, it’s appropriate to price your home up to 10% under market value. If a home sits too long, it will sell for less money. In a seller’s market? Sellers should price up to 10% ABOVE the market value. Once we know who’s in control of the market, we come to the last factor, readying the home for sale. 

To learn more about understanding the value of your home, or to get started on your home search; fill out the form below or call 734-968-4359

Pro Tip

How should we price your home in a sellers market? Up to 10% ABOVE the market value!

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