So youve decided to do some home selling. Congratulations, this is an exciting business youre getting yourself into. Whether its selling your parents house, your aunts, your close friends, or even your own home, there are some things to consider before you can start marketing the house. One of which is how to set the price. Its really important to take time before you finalize your home selling prices. If the price is too high, the home will stay in the market for too long, waiting for someone who can afford it. Even if you chose to reduce the price later, it would show the potential buyers that even the seller realize that the home selling price was too high (and probably still is). But if the price is too low, this would easily sell but eventually brings damages to the sellers net expectation!
If youre selling your own home, the chances are youre going to want to set the price as high as possible. This might seem like an obviously silly thing to do, but it happens to a lot of people who either cherish their house too much, or are simply not aware of the real value.
The first case is a lot easier to handle. Remember that apart from the location, your home...