Pricing your home correctly is critical. Price Your Home Correctly BEFORE Listing Your Property For Sale By Owner FSBO in Virginia. We send you ongoing comps in your subdivision throughout your listing period to keep you informed. Because you save so much on Realtor commissions, you can price your home to sell faster and still come away with more profit.
Generally Comps are sufficient for most home sellers but some home sellers want an appraisal. We run a report of all homes that are currently active, under contract, sold, expired and withdrawn in your subdivision. We recommend you drive around and look at the properties that are on the report that are similar to yours to come up with the best price for your home.
Appraisals are approximately $375 for homes under $600,000 or $475 for homes over $600,000. Homes over $1,000,000 will be $675.
It is important to understand why FSBO homes sell faster than Realtor Listed homes and how to price your home correctly.
If you want to be successful, ALWAYS price your home a tad less than your competition. Remember they are paying 3% more than you. You have a lot to play with to outdo your competition.