Pricing a House to Sell when For Sale by Owner

How to Price a House for Sale

Pricing a house to sell when you are for sale by owner isn't as cut and dry as when you list your home with a Realtor. There are several methods used to establish home market value, when it comes to what should I price my house at.  On this and following pages about how do I price my house to sell, we will cover the various ways and explain the pros and cons of each method.

From past experience, there is only one best way of pricing my home to sell for sale by owner to achieve the desired results, so we will save that method for last.

If you were just going to list with a Realtor, getting 2 or 3 Realtors in to give you a CMA is usually just fine. This site however, is all about how to sell a house for sale by owner, so the rules are a bit different.

When pricing a house to sell by owner, you not only need the right price, but you also have to build trust and credibility with any potential buyers.

May I suggest you read each section about how to price a home, as I explain each method. You will then have a better understanding of the whole thought process of home appraisals. You will then know why #4 is the best way and why.

It is also important to look at the other methods of pricing a house to sell by owner, as some can be used in conjunction with #4 and also are valuable for other reasons.

How to Price a Home

Keep Your Goal in Mind

You may be thinking, "I know all about pricing my house to sell for sale by owner without going through all this stuff. I'll just skip this section." Please don't.

Based on the commission you are going to save selling for sale by owner, your time spent here learning these tips for pricing a house to sell is worth at least $1000.00+ per hour. ;-)

Here they are. We have seen each of these tried out there by FSBO's (for sale by owners).

After you have read each method from #1 to #4, you can then decide your actual asking amount.

The Four Methods of Pricing a House to Sell

Plus

Deciding Your Final Asking Price

Using The Throw a Dart Method

Doing Neighborhood Research

Using Realtors to Establish Price

Using a Certified Appraisal to Sell

Establishing the Final Asking Price

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Tips on Pricing a House to sell

You Have the Market Value

What Is My ASKING Price?

Once you have established how to price my house to sell, you will have to decide what your asking price will be.

Your final decision will depend greatly on your motivation to sell. Once you have looked at the 4 pricing options, you should be able to make a quick and sound decision.

The following are a list of the 4 pricing options.

The 4 Decisions

• Ask the Exact Value of the Appraisal.

• Ask a Small Percentage Above the Appraisal.

• Ask a Small Percentage Below the Appraisal.

• Ask a Price Well Below Your Appraisal.

You can learn about selecting your final asking price by selecting the photo "Establishing the Final Asking Price" above.

Once you have Studied the various ways of appraisals and decided the asking price, you will be ready to move on.

For More Information
on Pricing Your House

Make a selection from one of the thumbnail photo links above to learn about each method and establishing your final asking price.

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