The Home Selling Process:
Determining Property Value
Pricing Misconceptions
It is crucial to price your property at competitive market value. Buyers and sellers determine value. In other words, the value of your property is determined by what a buyer is willing to pay and a seller is willing to accept in TODAY’S market. Buyers make their pricing decision based on comparing your property to other properties SOLD in your area. Historically, your first offer is usually your best.
Your home’s value is NOT determined by the following:
