realtors odessa

Before actually putting your house on the market you need to consider exactly how much you could get for it and how healthy the market is.

Your Realtor can give you the best information on pricing, but there are a number of other options out there as well.

A Realtor with knowledge and more preferably based in your area would be your best bet. They should be aware of what homes similar to yours are selling for, and if they don't have that information at their fingertips the first time you meet they should be able to get it quickly. You need to get the price that you think is reasonable so if the Realtor you are using cannot provide something within your limits then you may consider finding someone who can.

Private sales are also popular because people do not want to pay for Realtors and with lots of research and study on the market in your area it is very achievable.

The easiest way to set a price would be if a similar home has sold in your neighborhood. In places that developers have made multiple properties they usually look the same with little cosmetic differences. If one has sold, you can find out for how much in several ways. Talking with the new or old owner, if you are friends, can be the easiest way. Another way is to talk to the Realtor who sold it or go looking through old newspapers. If none of those efforts are successful, sales prices are generally public record and can be researched where deeds are recorded in your locality.

Real estate ads may have similar homes to yours for sale and that is another way of getting price estimates. This quickly gives you a ball park number to work with, although there may be some variations between neighborhoods and the advertisement may not have all the information you need to accurately compare your home.

You can look up property values and see how they compare to each other in most cases. Tax values are now listed to most localities online where comparing the value of your house to others in your area can be done. Higher market values go hand in hand with higher tax values so you can see which houses are more valuable by this. There are other localities that include everything you need to help value your home including; types of porches, side features, heat, construction dates, etc.

Just price high if in doubt. You can always negotiate down, but it's almost impossible to raise your price without pulling it from the market for a while and starting over.

realtors odessa

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