Selling a house can be tricky. If you set a price that’s too high, your house may sit in the market for too long. If you pull the price down too much, then you could lose money that you rightly deserve. The trick is finding the right balance, but this is a challenge that even the most experienced struggle with at times. Consider the pointers discussed below in setting the best price for your house.
Competition – Whenever you price your home, think about your competition, then think like a buyer. At what price is the competition selling their homes? How long have they been in the market? If the other homes in your area have been in the market for too long, then they may be overpriced. In this case, it may be wise to price yours lower than theirs.