Once you have decided to have your property on for sale, you will need to know it’s value to avoid underpricing it or overpricing it. You maybe selling it for different reasons but all the reasons mostly lead to one single thing- making profits. Rea; estate agents are by far some of the individuals that help you through the process of selling your house and have vast expertise and knowledge on what to consider while valuing your property. Correct pricing of your home is one of the most important factors in that it determines the clients potential and interest in regards to your home. This article explains how the listing agents help you in valuation of your home before you list it for sale.

𝐓𝐨 𝐊𝐧𝐨𝐰 𝐭𝐡𝐞 𝐂𝐨𝐫𝐫𝐞𝐜𝐭 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐲𝐨𝐮𝐫 𝐇𝐨𝐦𝐞

Pricing your home too high or too low may chase away potential clients. If the house is highly priced and does not match such a value in reality, clients may not be able to afford it or may consider it unworthy. If the house is low priced too, it may raise clients eyebrows on what could have been a problem with such a home and maybe scared away from such property. It is advisable to use listing agents so that they can help you determine the true value of the property. Also, they can help you use comparative market analysis and help you compare different property of the same type as your home and probably the same location. Do not be in a hurry to price your home because it may deny you the maximum profitability of comparison.

Selling Land in Kenya: 6 easy steps on how to sell faster

𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧

Listing agents in real estate industry know the recent trends and homes that have been sold/purchased. Just like any other business, real estate has its own peak seasons as well as its own low seasons and of course this depends on the location as well as other several factors. When placing a value on your property, it is very important to the competitive market out there. Listing agents will help you know when the market rates are higher, what was previously sold as well as the value that your home is likely to fetch. They will help you earn the competitive advantage in the real estate market.

• 𝐊𝐧𝐨𝐰 𝐭𝐡𝐞 𝐓𝐲𝐩𝐞 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧

Listing agents clearly understand the type of markets they are operating in. Generally, there are 3 types of markets. They include, the buyers market, the sellers market and a neutral market. Based on the seasons and variations of these markets, you are able to know when to put yourself into the buyers shoes and when to operate fully on the sellers side as well as when to negotiate and reach a balanced price. As stated earlier that real estate business has it’s own variations, it is essential to have listing agent in board so that they can help you determine the seasonality of the market and this will help you value your property. This will help you have the correct value for your home.

• 𝐃𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐞 𝐖𝐡𝐚𝐭 𝐲𝐨𝐮 𝐂𝐚𝐥𝐥 𝐲𝐨𝐮𝐫 𝐇𝐨𝐦𝐞 𝐕𝐚𝐥𝐮𝐞

As you discuss with your listing agent what you mean by your home value. This value includes putting into consideration the mortgage value if any applies. There is also you opinion on what your home is about as well as the memories you have from the same home. This also counts when you are placing on your home. Other factors that would determine what you refer to your home value includes; location, security, appearance, size of the home and well as number of rooms in the home and complexity of the home. Houses that have gardens and are spacious will attract more value because of the scenic views.

If you need to know the value of your property, urbannest.co.ke is here to help you do so. Please register with us and leave us a comment. We will connect you with the right people.