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Homeowners almost always have a number in mind that represents what they feel their home is worth. Oftentimes, that number is influenced by tax appraisals and what they hear the selling prices were for some of their neighbors’ homes. There’s also the dollar amount a homeowner wants their home to sell for in order to accomplish the financial goals they may have for selling their Austin home in the first place. Coming to an accurate selling price for your home, however, is a much more strategic process than relying on hearsay, gut instinct or a tax appraisal that doesn’t reflect the most recent sold prices for homes in your area.
To come up with the best asking price for your home in order to best position your home in the market, you’ll need to enlist the help of a real estate professional who has access to recent home sales data on the local Multiple Listing Service, or MLS for short. With the actual sales data in hand and photos and descriptions of what enabled the sellers to get the sales price for their home, your real estate agent will be able to advise you on the best sales price to successfully sell your home for the highest possible price.
When you find an agent you would like to provide you with a sales price for your home, be sure to be as honest and open as possible about your expectations. Your agent will need to know what your financial goals are in addition to your personal goals for selling your home. Knowing all of your needs in the beginning will enable your agent to properly advise you from the start of your working relationship. With a professional assessment of a selling price for your home, you’ll be able to decide if a home sale at this time is right for you.