This means buyers have more time to compare homes, negotiate, and walk away from properties that don’t meet their expectations.<\/p>\n
If you’re preparing to sell your home in Houston, here are seven tips to help you compete for buyers and make the most of your sale.<\/p>\n
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\n <\/div>\n \n How Much Is Your Houston Home Worth Now?<\/h3>\n
Get a free home value estimate with our online tool. HomeLight’s Home Value Estimator analyzes records of recently sold homes near you, your home’s last sale price, and other Houston Area market trends to provide a preliminary range of value in under two minutes.<\/p>\n \n
1. Price for today’s Houston market, not yesterday’s<\/h2>\n
When deciding what your home is worth, you may be tempted to start with what a neighbor sold for a few years ago or what an online home value estimator<\/a> once told you. Or you might simply have a price in mind based on the proceeds you hope to make from the sale.<\/p>\n But buyers are comparing your Houston home with what’s available right now.<\/p>\n That’s particularly important when inventory is higher. A buyer who has several comparable homes<\/a> to choose from has less incentive to stretch for what they might consider an overpriced house, no matter how much they love it. Pricing too high<\/a> can mean fewer showings, more days on the market, and eventually a price reduction.<\/p>\n