Know what your home is worth before you put it on the market. You have a price in mind...after all the people down the street sold their home for that price. But do you really know what your home is worth? If you under price your home, you could lose a lot of money! But if your home is overpriced, you could hurt yourself in the long run even if you eventually bring the price down. Why? Because the first month a home is on the market is the most important. That is when it will get the most exposure. Say 100 people are in the market for a home in your price range, size and location. If it's priced right, you should get quite a few showings in the first few weeks. If it's not priced right, you'll get very few showings or none at all. So you decide to lower the price, well now those 100 or so people probably have found something else or will only be looking at new listings that are hitting the market. Now new potential buyers have dwindled considerably, maybe 2-3 new people a week are looking for a home like yours. That is why you need to price your home based on sold comparable homes! That means same size, number of bedrooms, age, lot size and amenities. Your neighbor may have just sold their home, but is it the exact same house? Probably not. I'll be glad to send you a Comparable Market Analysis for your home. Free with absolutely no obligation! Be informed before you sell!
Lisa Bourgoyne, REALTOR
Keller Williams Realty Premier Partners
230 Veteran Blvd
Denham Springs LA 70726
Licensed in Louisiana