Price War: Tips For Pricing Your Home Right in 2015

By Deborah Laemmerhirt | March 12, 2015

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Price War: Tips For Pricing Your Home Right in 2015 – Pricing your home for the market can be a tricky task. You don’t want to set the price too high and detract buyers, but at the same time, you don’t want to set the price too low and lose money. It’s essential to come up with an appropriate price for your home when putting it on the market, and we’ve come up with several tips to help with this process.

 

  1. Use Online Calculators – This is a good place to start your process. Online calculators are free, simple and quick tools that can provide you with valuable information about selling your home. Make sure to use more than one calculator to ensure you’re getting a more accurate home value estimate.
  3. Use Agents and Appraisers – After getting a general idea, ask the experts. Many real estate agents offer a free-walk through and a Comparable Market Analysis which can provide you with an analysis of your home and current market conditions.
  5. Think Like a Buyer – Every homeowner has sentimental value with their home and the memories they’ve made there. However, this can be conflicting when setting a price for your home. It’s key to think like a buyer who isn’t going to be thinking about the sentimental value of your home.
  7. Know the Market – It’s difficult to accurately price your home without know the comparables in your market. Look at what houses were selling for a year ago, six months ago, three months ago and now.
  9. Fix-ups Add Value – Fixing a few things in your home before selling could make all the difference in setting a price. Add space or light, convert an extra room into a home office or increase your curb appeal. These fixes could add significant value to your home.

Keep these tips in mind when setting your home’s price. Do you know your home’s value? Find out here.

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About Deborah Laemmerhirt

Let me assist you in finding everything you need to know about buying or selling a home! As the preeminent real estate professional in my community, I am dedicated to providing the finest service available while breaking new ground. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I go the extra mile to help you achieve your goals. That’s why I constantly research the home, market and estate values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative marketing techniques to attract potential buyers. As an Internet-savvy real estate representative in Connecticut, I’ve had the opportunity to help many home buyers find their ideal homes and many sellers obtain top dollar for their homes. Buying or selling a home is one of the largest financial transactions that most people ever undertake, so I will help you through every step of the process. My goal is to make your home selling or buying experience as easy and enjoyable as possible. My services include: Explaining the home selling and buying process thoroughly Diligently selecting homes that meets your criteria Pricing your home correctly and implementing a unique yet proven marketing plan Negotiating on your behalf Tracking the closing process to ensure a smooth transaction I welcome the opportunity to address any questions you might have about buying, selling or current market conditions. Please call or e-mail me any time, and I will be happy to discuss your next steps in the buying or selling process. I specialize in both Residential and Commercial Properties. I also head a Real Estate Group to provide you with expert service and support. Areas of Expertise Making transitions in your life is challenging. You may be moving from out of town, a different state, internationally or just next door! Regardless of the distance I am prepared to respond to your unique needs.If you are a BUYER looking to downsize, up-size, want a new construction, desire a condominium, to invest, even if this is your first home, I will design a unique plan to fulfill your needs in a reasonable time frame, with the best negotiated price and the least amount of inconvenience.For my Home Sellers, I have an innovative marketing plan that will leave nothing to chance. Just call, and I would be happy to share the DIFFERENT and SUCCESSFUL TOOLS I utilize on each of my listings. I have lived in Connecticut for over 35 years. I practice Real Estate in Fairfield County, New Haven County and Litchfield County. This includes, but is not limited to Bethel, Bridgewater, Brookfield, Danbury, Harwinton, Kent, Litchfield, New Fairfield, New Milford, Newtown, Oxford, Ridgefield, Redding, Roxbury, Sherman, Southbury, Warren, Washington, Westport and Wilton.