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When you’re selling your home, the price you set is a critical factor in the return you’ll receive. That’s why you need a professional evaluation from an experienced realtor. This person can provide you with an honest assessment of your home, based on several factors including: - Market conditions
- Condition of your home
- Repairs or improvements
- Time frame
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Realtors and their realistic clients have known it for years – Well-kept homes, properly priced in the beginning always get you the fast sale for the best price! And that’s why you need a professional to assist you in the selling of your home.In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days.
If the price of your home is too high, several things could happen:
- Limits buyers and showings - Potential buyers may not view your home, because it would be out of their buying range and other realtors may be less reluctant to show your home to their clients
- Used as leverage - Other realtors may use this home to sell against homes that are better priced.
- Extended stay on the market - When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”
- Lower price - An overpriced home, stays on the market beyond the average selling time. To sell it, you will have to reduce the price, sometimes, several times. In the end, you’ll probably get less than if it had been properly priced at the start.
- Wasted time and energy - A bank appraisal is most often required to finance a home so if the price is too high it can not be financed.
The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood. Simply enter your criteria below, and we will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential. There is no obligation. Please indicate when you are thinking of selling and if you are moving within Grand Rapids or relocating outside Grand Rapids.
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