Behind the Scenes of Determining Home Value
At Laffey Real Estate, our real estate agents work hard to get you to closing quickly and easily. If you're getting ready to sell your home, one of the most important parts of that process is also one of the earliest: Setting an asking price. What does it really mean if a home is "priced to sell?" It means you are getting the best deal possible aligned with your local market – and thus, attracting highly qualified buyers.
Ideally, a home is on the market for 30 days or less. Warning lights flash as it climbs toward 60 days. Pricing a property correctly is essential to that timeframe. It protects you against leaving money on the table but also against the wasted time and aggravation of a listing that lingers. If a home cannot be sold in 90 days, it often has to be relisted later. This spells disaster for sellers!
It's fair to ask: How does a real estate agent price a home?
