Saturday, March 1, 2008

Fargo Real Estate Tips: 8 tips for pricing your home in a buyer's market

Getting ready to sell? The more you know about conditions in your local Fargo Moorhead market, the better your chances of getting the best possible price for your home.

1. Recognize that housing markets are local.

Home prices are like the weather -- very different in different areas.

2. Analyze who is buying and selling in your fargo market.

What's your competition? Who are the buyers, and why are they shopping?

3. Ask the professionals in fargo moorhead.

Don't ignore the elephant in the living room. When you interview real-estate agents, ask about the market conditions for your area and price range.

4. Know what your house is worth.

Talk to a handful of agents. Get an appraisal from a certified professional appraiser. Look at your comparables. Taken together, that information will give you a pretty good idea of what your home is currently worth.

5. Consider strategic pricing.

Here's how it works: If prices in your area are dropping 1% each month, and you want to sell within the next three months, you take 3% off your price right off the bat. So if you were going to put your home on the market for $400,000, you set the price at roughly $388,000.

6. Rebate your "commission."

If you're selling it yourself and need to move quickly, consider subtracting half of what would have been the commission from the sale price. The standard commission is about 7%, so if you subtract 3%, your $300,000 house would go on the market for $291,000, he says.

7. Evaluate whether you really have to sell now.

8. Assess the market where you plan to buy.

If you're selling one house and buying another, look at the market where you plan to move. "It might be that, with the housing there, it's a great time to buy."

Find a new home.

Move to west fargo ND, North Dakota housing Development, and a west fargo resources.


Fargo Forum Alternative said...
This comment has been removed by the author.
Fargo Forum Alternative said...

Move to west fargo ND, North Dakota housing Development, and a west fargo resources.

Dorothy said...

Hi Admin,

I am Dorothy Parker. I have visited your website and I would like to congratulate you on building such a valuable online resource. I am sure your visitors find your site as useful as I did.

My site also has relevant information in the same context, which I am sure your visitors will really appreciate. It would be great if we exchange links with each other. It would boost your search engine rankings, as relevant inbound links is the most important criteria for ranking on most search engines. It would also help bring targeted traffic to your site and reach out to a valuable, relevant audience.

So, I think it would be beneficial for both of us if we will join in a community and become link partners to each other which will help your blog/site in getting more Google values. If you are interested then please contact me at my email-id.

Have a great day.

Thanks and regards

Areas included are

Dilworth, Hawley, Glyndon, Hitterdal, Hendrum, Lake Park Audubon Audobon, Cormorant Lakes, Detroit Lakes, Sabin, Downer, Rollag, Vergus, Pelican Rapids, Felton, Georgetown, Perley, in Minnesota and West Fargo 58078, Mapleton 58059, Casselton 58012, Prosper, Gardner, Grandin, Argusville, Kindred 58051, Colfax, Christine, Davenport 58021, Leonard, Hillsboro 58045, Hope 58046, Page 58064, Arthur 58006, Absaraka 58002, Wheaton, Horace, Harwood, Hunter, Reiles Acres, Frontier, Prairie Rose, Amenia, and Hickson Oxbow North Dakota