The question of how to price your home is one of the most important aspects of the selling process. How do you know what your home is worth? How do you know what somebody would actually pay for it?
Real estate professionals can guide you in this decision to help you get the offers your home deserves. Here is some more basic information about choosing the best asking price:
There are many factors that go into determining a home's sale price beyond the house itself. You'll need to adjust your pricing based on the market you're selling in. This could include economic factors, demographics and seasonality. Working with a real estate agent makes gathering data and setting a price much simpler.
One of the first steps in choosing a sale price for your home is finding the appraised value of the property. A professional appraiser conducts a thorough examination of your home to note factors like age, condition, size and features. Once you have this number, you can use it as a starting point for setting a price.
How much you want your home listed for will most likely depend on how many similar homes have recently gone for sale at your location. A comparative market analysis from a real estate agent is the most accurate and efficient way to use other home sales to guide your price point.
You can also search on your own for recently sold homes in your area and note their final selling prices. Choose comparable homes with similar square footage, bedrooms, bathrooms, lot size and amenities for the best idea of price.
Knowing the stats about recent sales is only part of the puzzle. You'll also need to consider overall trends in the real estate market. Real estate agents have extensive knowledge and resources to help you find the market value of your home in the context of the location's trends.
While the real estate world has a plethora of moving parts, understanding the factors that go into determining home value and asking price will help you get the best offers for your home.
Welcome to Long Island Living at its best! The South Shore of Suffolk County is a suburban area that runs along the shoreline of the Atlantic Ocean. Homes in this area consist of primarily residential properties. This area tends to be diverse in culture and income as it varies by hamlet, village or town. Residents along the South Shore have access to many beaches, parks and recreational activities. I pride myself on my honesty, integrity, hard work and personal service. My first career was in education, starting as a teacher then finishing as a guidance counselor and achieving my Master’s and two PD's. In 1986, I began my real estate career. In a sense, I am still an educator and offering guidance; this time I am outside of the classroom educating my clients on the selling and purchasing processes; which have become so complicated recently and guiding them safely through the confusing and ever-changing real estate market. It is very satisfying to me to help people with not only the greatest financial asset in their lives but their greatest emotional asset; where they celebrate holidays, raise their families and live their lives. I take the needs of my clients very seriously and as a result, I am proud to say, over 90% of my sales are the result of referrals and recommendations. Primarily, my areas of service are the Townships of Babylon and Islip on Long Island’s beautiful South Shore, near pristine beaches and wonderful boating, yet only 55 minutes from Manhattan; truly the best of both worlds. I'm a graduate of the Real Estate Institute and am certified as a Senior Real Estate Specialist. I also hold a license as a Notary Public. Please feel free to call or visit so I can help you fulfill your real estate dreams. I am a Full Service Licensed Real Estate Associate Broker and provide the following: Free appraisal Rental Mortgages International relocation services Sales Home warranty new homes Free school report Waterfront specialist Notary public Please feel free to call or visit so I can help you fulfill your real estate dreams.
For every sales transaction, a a portion of my commission will be donated to Pronto of Long Island, a nonprofit community outreach center who feed the hungry, clothe the needy and provide hope for our neighbors.
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