When you decide to sell your
home, your next decision is key to the sale--"How much should I ask?"
If you ask too little for your home, you could lose money that you could have
gotten. Asking too much for your home could cause it to sit on the market for a
Your Realtor wants to sell your home as soon as
possible, for the best price. The agent will use a Competitive Market Analysis
to determine the price for your home. The sales professional may advise you to
reduce the asking price if buyers fail to surface after a certain period of time
on the market. If you are serious about selling your home, you should take your
Realtor's advice. If the first price reduction doesn't generate a buyer, another
reduction may be necessary. The monetary value of a house is only what someone
is willing to pay for it, but if the market analysis is done correctly, you will
get the maximum amount--and a timely sale.