Mistake #1 — Pricing Your Home Incorrectly
Every seller wants to get the highest possible price for their home. Surprisingly, the best way to do that is not by listing it too high.
An overpriced home can turn buyers away before they even schedule a showing. Others may visit expecting more than the home delivers, leading to disappointment. As a result, overpriced properties often sit on the market longer—and ultimately sell for less than homes priced correctly from the start.
Mistake #2 — Confusing a Refinance Appraisal With Market Value
A refinance appraisal does not always reflect true market value. In some cases, values may be estimated higher to support refinancing, not to accurately represent what a buyer would pay today.
The most reliable way to determine your home’s current market value is by reviewing recent sales in your neighborhood. A knowledgeable Real estate agent can provide up-to-date, factual information based on real market activity, giving you a realistic and accurate pricing strategy.
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