For the seller, one of the most important questions about putting a property on the market is how much it will go for. When deciding what to ask for, you may be tempted to look at properties similar to yours and base your price on theirs. However, this can often lead you astray as there are countless factors that can affect the price of a house. It is best to ask the top real estate agent as he is knowledgeable and has experience in the real estate market. Here are some of the things we, the top rated realtors, consider when helping clients price their homes:
1. Market conditions
- The market can be a major determining factor when it comes to pricing your home. While the price of your home is ultimately up to you, it’s helpful to know what other homes in your area are listed for and how long they’ve been on the market so you don’t waste time letting your house sit without any offers. If there are no active buyers interested in listings comparable to yours, then odds are you’ll want to consider pricing your home lower than what you were initially planning. We can help you find that happy medium between what you’re hoping to get and what the market will bear.
2. Property size
Many people assume that the bigger the house, the more it’s worth. But this isn’t always true. In fact, one of our jobs is to help you determine how much your home is worth considering its size. It may sound like a simple job, but in reality, it’s quite complex. We have to measure each room and compare it to other homes in your area to get an accurate picture of just how much your home is worth. We also factor in square footage and lot size to help us determine where your property stands in terms of value.
3. Neighborhood amenities
Neighborhood amenities like schools, parks, pools, and tennis courts are desirable to many buyers. You’ll need to determine whether your neighborhood has these types of amenities and how many other similar homes are available in the area. Knowing this information will help you decide on the right list price for your home.
4. Property age
The age of a property is important because it helps determine how much life is left in the building. The newer the property, the more years a buyer has before major repairs need to be made, and the older it is, the more likely it will require repairs or replacement sooner rather than later. This is why condos or co-ops built within the last 10 years tend to sell for more than ones built over 30 years ago. A brand new building won’t require any repairs or replacement for at least a few decades, and an older building might need them within a few short years. This means that even though you could be paying more per square foot on newer construction, you’ll save money on maintenance fees and capital improvement fees that you’re likely to face with an older building.
5. Unique features
Unique features such as a spa bathtub or home theater system, large deck or patio, high-end appliances, brand new carpeting/flooring—the list go on and on. The key is to think about what makes your home unique and how much it would cost to replace that feature if you were buying the house.
6. Location
Naturally, location plays an important role in your home’s value. Homes in desirable neighborhoods often sell for much more than they would if they were located elsewhere because they’re in high demand.
Choosing the best real estate agent for your home will serve to make the selling process longer than necessary. We highly recommend that you use the top rated realtors who are local and well-known in your area. Your top real estate agent will work closely with you throughout the entire process. They can help you price your house correctly, list it on the appropriate mediums, and will also be sure to present you with a call to action in order to get it sold.
Not only do we help you in finding a buyer and taking care of the paperwork throughout the entire process, but we, the best real estate agent in Silver Firs, Washington also take out some of the risks of setting the price on an expensive item. That’s why hiring a real estate agent as soon as you list your house for sale can be so helpful – because it means one less thing that you have to worry about at such a critical time. Need a real estate agent? Call 425-338-9400 our visit their website https://millcreekhomes.com/ today.
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source https://localhomereviewguide.wordpress.com/2022/05/08/top-real-estate-agent-bothell/
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