Pricing Your Home to Sell (cont)

July 19, 2007

David Knox, a real estate trainer from Minnesota, has long been a source of great information for the real estate profession. He has produced videos and pamphlets about pricing your home to sell. The following are a few questions he suggests will help a seller analyze a pricing strategy.
1) Is the local market rising, falling or staying even?
2)Is my (the seller's) opinion of value based on the actual neighborhood sale prices?
3)How many homes in the area are competing against mine right now? How does mine compare?
4)Have any of the neighboring homes been on the market too long? Why?
5)Is my home consistent with, larger or smaller than surrounding area homes?
6)Are my financial needs influencing my asking price?
7)Are the benefits of moving important enough to price my home at the market? If you would like a David Knox DVD on "Pricing Your Home to Sell" just click on "comment" and leave a name and address or come by CENTURY 21 Lois Lauer Realty at 1998 Orange Tree Lane in Redlands after August 6.