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Ready to Buy, Rent or Sell? Call STL!
  • What’s My Home Worth?
  • Home Search
  • Rental App
  • Our Offices
  • Our Agents
  • Careers
  • Sellers
    • Simple Tips for Better Home Showings
    • 17 Tips for Packing Like a Pro
    • What Does A Real Estate Professional Do When Listing a Home for Sale?
    • 4 Tips for Furniture Arrangement
    • 5 Feng Shui Concepts to Help a Home Sell
    • The 10 Most Common Home Inspection Problems
    • Tips for Pricing Your Home
    • 10 Tips for Moving With Pets
    • Low-Cost Ways to Spruce Up Your Home’s Exterior
    • What to Have on Hand for the New Owners
  • Buyers
    • 8 Tips to Guide Your Home Search
    • St. Charles Private Schools
    • St. Charles Public Schools
    • St. Louis Public Schools
    • A Short Guide to Real Estate Lingo and Acronyms
    • 7 Reasons Buyers Need Title Insurance
    • 8 Reasons Why You Should Work With a REALTOR®
    • 12 Questions to Ask When Choosing Your REALTOR®
  • Blog
  • About
  • Contact Us
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Ready to Buy, Rent or Sell? Call STL!

Tips for Pricing Your Home

Tips for Pricing Your Home
  • Consider comparables. What have other homes in your neighborhood sold for recently? How do they compare to yours in terms of size, upkeep, and amenities?
  • Consider competition. How many other houses are for sale in your area? Are you competing against new homes?
  • Consider your contingencies. Do you have special concerns that would affect the price you'll receive? For example, do you want to be able to move in four months?
  • Get an appraisal. For a few hundred dollars, a qualified appraiser can give you an estimate of your home's value. Be sure to ask for a market-value appraisal. To locate appraisers in your area, contact The Appraisal Institute or ask your REALTOR® for some recommendations.
  • Ask a lender. Since most buyers will need a mortgage, it's important that a home's sale price be in line with a lender's estimate of its value.
  • Be accurate. Studies show that homes priced more than 3 percent over the correct price take longer to sell.
  • Know what you'll take. It's critical to know what price you'll accept before beginning a negotiation with a buyer.

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Timothy Mitchell
O: 314-605-4466
EHO
MLS
GRI
EPRO
SFR
SRES
EHO
MLS
GRI
EPRO
SFR
SRES

Office

MLS #STLB01St. Charles County
3829 Veterans Memorial Pkwy.MO
St. Peters 63376
636-442-1333

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