How To Price Your House | Sell Your Home | Home Selling Tips
If you're thinking about listing your home, pricing is one of the most important things that's going to happen throughout the process. this can either make or break your listing. So pay attention, get your notepad ready, or just give me a call, and I can help you through the process.
Hello, my name is Kasie Gray, I'm your homegirl, and broker associate here in Ukiah, California. Today I'm talking about how to price your house. This is one of the things that Zillow just can't do for you their estimates are usually pretty off. I even have a whole page in my market analysis to explain why you shouldn't trust your estimate and why you should trust me.
Some of the things that go into how you price your home are the neighborhood. What's happening in the neighborhood, how fast your house is selling, what percentage is over asking, are they selling for or under, the condition, the quality of the neighborhood, all of those things.
Second, we're looking for details about your property. How big, how small how cute, how not cute, does it have a pool, does it have an airplane hanger, what's it got?
Then, we're selecting the comps and we're going to compare they're called comps because they're comparables. It's just shorter because comparables are such a long word. So we're looking at the comparables to see what those houses sold for, and how they compare to your house. Are they bigger, are they smaller, what's the price per square foot, how fast, did they sell, what did they sell for, did they give any concessions, all the things?
Then, we adjust for the differences. If your house is bigger, then we're going to add more value. If your house is smaller, we're going to add less value or I mean, we're going to not add it we're going to take it away. We're going to take that value away, snatch it.
Then, we're going to determine how much your house is worth. What do I think an appraiser would come out and say it's worth and then we're going to put it on the market from there and then who knows some crazy person might come and say, "I would like to offer you a hundred thousand dollars", more than you put the house on the market and you know good for them but is that what it's worth? If they want to pay for it it's what it's worth but that's how you price your house and we cannot account for the crazy people that want to pay a hundred thousand over ask because that's their own business.
If you want to know how much your house is worth, there will be a link down below. You can click it put in your address and I can give you a comparative market analysis of how much your house is worth. So you don't even have to look at the comps. I'll just explain to you why this one is a comp and why this one is not or etc. I will also go over some in-depth pricing strategies with you so that you can get the most money for your home as quickly as possible!
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