There are many reasons to sell. Some sell because they want a bigger home, some sell because they want cheaper taxes, some sell because of a Job Relocation, some sell to be closer or further away from family and/or friends, the list can go on and on... Whatever the reason may be, the most important things to keep in mind are knowing when to sell, remember why you're selling and does it make sense?
Quite often, when putting homes on the market, Sellers always have a big idea of how much they want to get for their home, business or investment property. As we all know, the best way to price your home for the market is to get the information from a CMA report, with that knowledge of how much homes in the area have sold for and are listed for, you can then figure out a Listing Price. Also keep in mind the balance on your mortgage, that is if you have one and updates you have done to the property. As a Real Estate Agent, I will work very hard to get you that listing price. With that being said, you as the Seller have to know when to draw the line and reduce the price, no matter what the situation is, unless you do NOT really need to sell. It is very important to pay attention to the market trends as they change. If you have to sell, unfortunately, you may have to take a loss but for the most part, most homes that are priced correctly and according to the market, will sell and sell quick. Therefore, when making the decision to sell, be sure that it makes sense and be sure to get as much knowledge of the market trend at that time.
For more info call 973-278-3600.
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