Ignite FB Tracking PixelWhat Is the Optimal Listing Price for Your Residence? - Cliff Hildreth
The Hildreth Group
Cliff Hildreth, The Hildreth GroupPhone: (661) 904-1194
Email: [email protected]

What Is the Optimal Listing Price for Your Residence?

by Cliff Hildreth 10/12/2020

As a home seller, it is important to establish a competitive initial asking price for your residence. Yet determining the right price for a house sometimes is difficult.

If the price of your home is too high, for example, your residence may linger on the real estate market for an extended period of time. On the other hand, if the price of your house is too low, you won't be able to maximize your home sale earnings.

Ultimately, there are several things that you can do to determine the optimal listing price for your home, including:

1. Conduct a Home Appraisal

A home appraisal provides valuable insights that you can use to price your house competitively. If you conduct an appraisal prior to listing your residence, you can obtain a property valuation. Then, you can use this valuation to establish the ideal listing price for your home.

As you search for a home appraiser, be diligent, too. Employ a home appraiser who possesses comprehensive industry expertise and can perform a house evaluation at your convenience. By doing so, you may be better equipped than ever before to receive a data-driven house appraisal without delay.

2. Evaluate the Local Housing Sector

Take a look at the local housing sector – you will be happy you did. If you assess the prices of available houses in your city or town that are comparable to your own, you can use this information to see how your residence stacks up against the competition. Plus, this information could help you determine the optimal initial asking price for your residence – something that may lead to a successful house selling experience.

Don't forget to evaluate recent home sales in your city or town as well. This information can help you determine whether a buyer's or seller's market is currently in place.

3. Hire a Real Estate Agent

If you are unsure about how to price your residence, there is no need to stress. In fact, real estate agents are available in cities and towns nationwide, and these housing market professionals can make it easy to determine the optimal listing price for your residence.

A real estate agent typically will meet with you and learn about your house selling goals. Also, he or she can provide tips to help you upgrade your residence before you list it. A real estate agent can even offer a listing price suggestion.

Furthermore, as you navigate the home selling journey, a real estate agent is ready to assist you in any way possible. If you are uncertain about whether to accept a buyer's offer to purchase your residence, for instance, a real estate agent can provide an expert recommendation. Or, if you have questions about the home closing process, a real estate agent can answer them.

Want to optimize your home sale earnings? Use the aforementioned tips, and you can establish a competitive price for your house and increase the likelihood of enjoying a profitable home selling experience.

About the Author
Author

Cliff Hildreth

Hi, I’m Cliff Hildreth, Broker/Owner of The Hildreth Group In Los Angeles, Ca.

If you are a buyer or seller who lives near the Santa Clarita Valley, San Fernando Valley or Los Angeles Area or if you are looking to relocate to our area, I am happy to assist you! Real estate is one of the largest and most exciting investments one can make. I am here to make sure that your process is a fun and rewarding one!  I am a luxury specialist in our community and I would be happy to help you with all of your real estate needs!

Throughout my website you will find many useful tools to assist with buying or selling a home. I am dedicated to providing the finest service available, and my website can be a great resource for you to use free! You can check out my Video Gallery for useful information about both buying and selling a home!

Whether you are in the market to buy a new home or sell your existing home, I will take the time to listen to your needs and desires to help you fulfill your goals. 

I continually work with people throughout Los Angeles and Orange County.

Let me help you attain your real estate goals!

All the best.