Stop: Read This Before Pricing Your Home
Tacking on extra dollars to your home could cost you
by MIKE HALL Owner/Broker/Agent
If you're home is valued at $150,000 but you decide to price it $160,000 to see if anyone will bite, you could wind up feeling the pinch.
Selling home is more than dollars and cents. It's also about timing. And time equals money. If you're selling because of a divorce or an estate, often time pricing a home at the tippy-top of what it's worth can cost you emotional expense as well as unforseeable maintenance costs.
Selling a home for $160,000 five days after being on the market is not the equivalent of selling the home after five months. Keep that in mind when pricing your home to sell. Let an experienced agent, like me, help you determine what your home is worth.