There are a couple of things that you need to do as the seller. 1st- examine the reason your home is on the market. 2nd. have your listing agent take you on a tour of your competition, also have your agent take you on a tour of your personal home- like you were looking at this home to purchase. Take a note pad with you and make notes on each home you tour and compare them to your personal home. Examine curb appeal - updates, special features such as surround sound, pool, bonus room, room size, over all function of the floor plan and home itself. Then decide if your home is worth the list price, or if your emotions are guiding you.
Other options to lowering the price is offer to pay down buyer's interest rate, or to do a loan program such as AmeriDream- loans that do "down payment assistance". Have your agent and your lender sit down with you and explain the different programs and how this will attract buyer's to your home.
Other avenues to consider would be to have a professional inspection done on your home now-before it goes under contract, do the prelimanry title work, offer a home warraty. Have these items available to all potential buyers when they tour your home. Make your home stand out from the crowd. - Wed May 14 2008, 11:14