
Pricing your home correctly is one of the biggest keys to attracting a robust pool of potential buyers, but the pricing process feels like one big mystery for many sellers. The good news is that it definitely doesn't have to be! While the pricing process can be complex, every good real estate agent follows a similar process to determine a home's value. Understanding what does – and what doesn't – factor into a home valuation will help you get a better grip on how much to expect when you sell. Our REALTORS® are here to help remove the mystery from the home valuation process.
It All Starts with a CMA
When determining the value of your home, your agent will start with a comparative market analysis (CMA) to compare your home with other, similar properties in your area. A CMA looks at the comparable homes that are currently on sale, those that have already sold recently, and homes that were listed but didn't sell. With a CMA in hand, you'll have a much deeper understanding of how your home fits within your local real estate market, whether you're competing with other Mansfield homes for sale or listing in any other community.

Is now a good time to sell your home? Between the continued threat of the COVID-19 pandemic, layoffs, and a wobbly economy, it's no surprise that many who may have planned to sell their home this year are wondering whether they should take a shot or wait it out. The hesitancy is understandable given the disruption and uncertainty caused by the pandemic. But our REALTORS® believe now is a good time to sell for the following reasons:

Curb appeal is crucial when selling your home. A good first impression not only draws a potential buyer's interest, it may even affect what kind of offer they make on your home. There are lots of little things you can do outside that don't cost much. These improvements can add up to big changes that make your property shine. Our REALTORS® provide a few tips on how to increase your home's curb appeal in just a weekend or two.

It's not uncommon for a seller's thoughts to wander toward the idea of selling their home by themself. At first glance, it seems like an expedient way to sell their home and save money in the process. However, our REALTORS® caution that the process isn't as easy as it may seem, and even the most seasoned seller can make costly mistakes that an agent would avoid.
Time is Money
Selling a home requires a significant investment of time. You need to prepare marketing materials, schedule appraisals, and prepare the house before you even list it. Once the home is on the market, you'll spend hours each day answering phone calls, responding to emails, and preparing to host an open house. It's akin to taking on a second job, which can affect job performance and the ability to connect and close the deal with prospective buyers.

As you prepare your home for an open house, our REALTORS® want to remind you that your entire property needs to be presented in the best light. Although many homeowners wisely invest in remodeling their kitchens, bathrooms and master suites, some sellers tend to forget just how important smaller rooms of their homes are. We insist that you don't overlook these rooms when planning your open house.