Tuesday, May 20, 2008

Pricing Your Home For Sale

The Washington Post recently published these tips for selling your home and pricing it to sell. Pricing Your Home: Here are some tips on how to price a home you're selling. * Don't base the price on what you paid or what your neighbor got a few years ago. * Do examine the prices of homes for sale in your neighborhood, as well as the prices of comparable homes that have sold in the past three to six months. * Don't pick an agent simply because he or she suggested the highest list price. * Do pick an agent who offers a thoughtful explanation for the price he or she is suggesting. * Don't set your price based on emotional attachments and cherished memories. * Do ask your agent to reassess the competitive landscape every few weeks to make sure your asking price is in sync with the market. * Don't be stubborn. If weeks go by without any offers, the price most likely does not reflect the value of the home. It's time to consider cutting the price. * Do be patient. You might have to wait longer for buyers to pull their money together now that lenders have toughened their standards. Stop right there! For information about Ormond Beach and Ormond By the Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

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