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by Tom Domin - Of all the problems our FSBO will encounter, pricing their house correctly and accurately is by far the most crucial. The wrong price could cost them thousands of dollars any way you look at it.
Here's why: A price that is "too low" will result in a "net" that is thousands less than they could have gotten with a little research. A price that is "too high" will cause the house to stay on the market for a longer period of time and quite possibly...never sell!
Not selling means paying more mortgage payments, taxes and insurance until the FSBO lowers the asking price to what the market may have supported in the first place...Read the rest of this article...