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How Do I Know What I Should I List My House For? (Sponsored)

Sep 26, 2016 02:10PM ● Published by David Garves, Broker/Realtor with TheMLSonline.com

Broker/Realtor David Garves

In this sponsored segment of Ask the Realtor, Broker/Realtor David Garves shares how maximize the selling price when listing your home. 

Q: How do I know what to list my home for (asking price)? I want to make sure I’m getting the best offer!

A:  When listing your home for sale, your realtor will need to sell the home three times:
  • To the buyer
  • To the buyer’s inspector
  • To the appraiser
While the “inspection sale” will be dependent almost exclusively on the physical condition of the home, the “buyer sale” will be partly determined by price and the “appraiser sale” determined mostly on price.  

Knowing current market conditions, buyer trends in your market, and appraiser rules will be required along with using that information to review recent sales in your market and for similar homes.  

In our current market, the third sale (appraisers) is sometimes the most difficult.  Ask your realtor to provide you all sales for similar homes as your which have occurred within a mile of your home for the last 10 months. Put together a “story” to explain your asking price using this information which can then be passed along to the appraiser or used when negotiating price with the buyer.  

This should provide you the best opportunity for success on all three sales and assure you receive the best offer on the sale of your home.
 

For questions regarding the Maple Grove real estate market, contact Broker/Realtor David Garves call/text 763-221-5834 or email dgarves@TheMLSonline.com.

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BrokerRealtor David Garves

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