Setting a fair asking price is perhaps the most important step you can take toward selling your home. Overpricing your home can cost you money, causing your property to sit on the market and forcing you to eventually reduce the price even lower than had you originally priced it right. Also, overpriced properties can discourage potential buyers, who may not even view the property.
So listen to your Texas REALTOR® when setting an asking price for your home. REALTORS® are trained real estate professionals who analyze actual sales-price data and perform solid market research in your community. After estimating the market value of your home, your REALTOR® can also help you determine your projected net profit minus the various fees that you may be responsible for. To accurately determine your net proceeds, you must also deduct your present loan payoff amount, broker's commission, unpaid property taxes, and prepayment penalty on your mortgage (if any).
Sherri Strickland, Broker
Cornerstone Properties, Victoria
Sherri@SherriStrickland.com
361/576-2353 or 800/947-8217