• Consider comparables.  What have other homes in your neighborhood sold for recently?  How do they compare to yours in terms of size, upkeep, and amenities?
• Consider competition.  How many other houses are for sale in your area?  Are you competing against new homes?
• Consider your contingencies.  Do you have special concerns that would affect the price you'll receive?  For example, do you want to be able to move in four months?
• Get an appraisal.  For a few hundred dollars, a qualified appraiser can give you an estimate of your home's value.  Be sure to ask for a market-value appraisal.  To locate appraisers in your area, contact The Appraisal Institute (www.appraisalinstitute.org) or ask your REALTOR® for some recommendations.
• Ask a lender.  Since most buyers will need a mortgage, it's important that a home's sale price be in line with a lender's estimate of its value.
• Be accurate.  Sudies show that homes priced more than 3 percent over the correct price take longer to sell.
• Know what you'll take.  It's critical to know what price you'll accept before beginning a negotiation with a buyer.

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Dennis Martin Realty
info@dennismartinrealty.com