Price is the number one factor in buyers deciding which homes they are interested in.

 

The right price should

 

Attract potential buyers

Enable you to earn the most money possible

Allow you to sell your listing as quickly as possible

 

Some factors to consider when pricing your home are

 

Your ideal timeframe to sell the house

Competition in your neighborhood or area

Financing

Comparative listings that have sold in your area in the past six months to one year

 

Be careful not to allow the following to influence your asking price

 

What you paid for the property

Investments you’ve made for improvements

The cost to build today

Emotional reasons

Friends and relatives’ opinions