Real Estate Agent Interview Question:

How will you determine the appropriate sales price for my home?

Submitted by: Administrator

Usually this is done by comparing sales activity of similar houses. The big debate is how your house compares to other houses that have sold. They may be able to offer ideas to improve your house and make it sell for more. If done correctly, all of the agents you interview should price your home pretty close to the other agents. If an agent prices your house significantly higher or lower than the other agents' prices, find out why they priced it that way. Remember, if it's too good to be true then it usually is. Some agents promise to list your house at a high price knowing that once you've signed the agreement, they can make you lower it to a reasonable amount later on. That wastes time and the longer your house sits on the market, the less money you'll sell it for.
Submitted by: