Are you intimidated by the home-selling process? There’s a lot to handle, from finding the right market price to dealing with paperwork and negotiating offers. But if you work with an experienced real estate agent, everything can run more smoothly, especially when you’re trying to set the right price. After all, you want it to be high enough to recover your investment without overpricing it.
You deserve to get a fair amount for your home, and this is the best way to achieve that. A real estate agent can provide useful insights on market trends and tips on maximizing your home’s value. In this blog post, you’ll find various benefits to working with an REA when setting a price; that way, you can make an informed choice and enjoy a smooth sale. Let’s look into it!
An REA Can Review The Comps
When setting a price, it’s essential to consider the local market. A real estate agent can review recent sales of comparable homes in your area (or “comps”), helping you determine the average asking and selling prices. This information will help you determine an appropriate list price and avoid potential mistakes.
They Can Look for Withdrawn and Expired Listings
Your real estate agent can also research withdrawn and expired listings of similar properties. This will give you a good idea of the rate at which homes sell and how much they’re getting for them compared to their list price. With this information, you can adjust your price accordingly and be more realistic about what buyers will pay.
Active Listing Data Will Be More Accessible
Another benefit of working with a real estate agent is that they’ll have access to active listings in the area. Through their Multiple Listing Service (MLS) account, agents can view accurate data on all listed properties, giving them an even better understanding of the current market trends and prices.
You’ll Get Square-Foot Cost Comparisons
Square-foot comparisons are also an important factor to keep in mind when calculating a selling price. If you’re unsure about this metric, your REA can help you! They’ll provide square-foot cost comparisons for similar homes in the neighborhood so that you can come up with a more accurate estimate of your home’s value.
Market Dependent Pricing Will Be Easier To Understand
A real estate agent can also give you a better understanding of market-dependent pricing. This means the list price must be adjusted according to the current trends to ensure a successful sale. As your real estate agent is constantly keeping up-to-date with local market changes, they’ll be able to provide valuable advice and tips to help you adjust.
Sell Your Property With a Reliable Real Estate Agent in Yuma, AZ
Home selling can be complicated, especially if it’s your first time. Choosing the right pricing is one of the most challenging parts since you don’t want to over or underprice your home. That’s why Karen Spencer Real Estate Agent is ready to help! She has worked with many homeowners in Yuma, AZ, and can provide effective advice to guarantee a smooth sale.
Here’s all you need to do:
- Contact our real estate agent.
- Tell us more about your property.
- Work together to figure out the right pricing.
We understand that you want to get a fair deal for your home, so it’s important to consider the benefits of pricing with a real estate agent. Don’t risk selling your house for less than it’s worth. Instead, get in touch to get all the valuable information for the process. We’re looking forward to working with you!