Seller Tips: Pricing Your Nashville Home

If you’re thinking about selling your Nashville home, there’s probably a million things going through your head right now. Moving is usually a stressful t...

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Seller Tips: Pricing Your Nashville Home

Posted by Gary Ashton: Blog on Tuesday, June 28th, 2016 at 3:28pm.

Home Sellers TipIf you’re thinking about selling your Nashville home, there’s probably a million things going through your head right now. Moving is usually a stressful time for almost anybody, but among the top priorities when finally making the decision to sell should always be making sure you get the most money you can during the home selling process.

Like many things, not all homes are created equal, so determining how to price your home right is one of the most important elements in how much success you’ll have once listing your home or condo. Of course our team of local Nashville real estate agents will be there every step of the way should you decide to list with the Ashton Real Estate Group, but in the meantime, here’s a look at just a few quick tips to consider when putting a value on your home:

Don’t overprice your home. Often the biggest mistake you can make when listing your Nashville home, overpricing your home from the start makes it hard to generate any interest out of the gate, not to mention it will almost always guarantee your home will sit on the market longer than it normally should. Regardless of what you want out of your home, price it for what you can realistically expect to get.

Study previously sold homes. Taking past sales into account is an excellent way to gauge market conditions. Home buyers will almost always use sold data when coming up with an offer, so always be one step ahead and know what comparable homes are not only listing for, but actually selling for as well.

Anticipate negotiation. Few sellers go into the home selling process wanting to take less than the original asking price. But depending on market conditions, and what you’re selling, buyers will almost always make an offer under the list price. Should this scenario play out, don’t get discouraged and anticipate this might happen when initially pricing your home. Just be careful not to substantially overprice it for the sole purpose of leaving room to negotiate.

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