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Flower Mound Realtors Offer Tips To Determine Proper Asking Price

In years past, homeowners who were thinking of selling a Frisco, Denton, or Flower Mound home would rely heavily on their agent in determining the proper asking price. Today, there are countless resources at your disposal, which means that while you trust your agent to handle it all, doing some of the work yourself can save you a few bucks. Updating and renovating your home can certainly make your home more attractive to potential buyers, and there are all kinds of great sites with tons of information for sellers and buyers alike, such as Trulia and Zillow.

Our Flower Mound realtors have rounded up a few tips to help you determine a proper asking price for your home:

Consider your own criteria. You know that you don’t want to go in the hole, and making some money would be great. Keep these things in mind: How much do you owe on your mortgage, and how much did you pay for the property originally? Do you have a second mortgage or lien on your home? Also keep in mind the upgrades you have made to your property, which may add to its value.

What is the value of your home? You can find this out by talking to your county assessor, or taking a look at the letter typically sent out annually for taxation purposes. Your lender or real estate agent can also provide you with this information, or you can again use Trulia or Zillow, however keep in mind that because the real estate market is frequently in transition, the values listed on these sites may not be totally accurate.

Another helpful way to use these MLS sites is to simply browse and see what other homes in your area are bringing in terms of asking price. Look at those that are currently for sale, and those that have sold. Data such as how long homes remained on the market and whether the owner reduced the price is also available for your perusal.

Don’t worry; if you don’t have the time to try to figure out how much the asking price should be for your home, we’re happy to help! At Team Nelson, we want to help you sell your home as quickly as possible, at a price that’s profitable. Contact us today for all of your North Texas real estate needs!

What People Are Saying

  • Second time in 3 years that we have used Team Nelson to list our home. I can't say enough about the professionalism and personal service. Bill Nelson and Kevin Englebrecht are top notch, always available when we had questions and helped us get the most out of our home(s) during a strong market and most recently in a more challenging market. We highly recommend Team Nelson when you have a home to sell and when you are looking to purchase a home. And don't forget to use them even in a new build situation they will help you negotiate and will be there to support you during the entire build stage.

    Brad Drown Avatar
    Brad Drown

    Andra, Bill and Team are absolute pros that can help you buy or sell a home. They do all the work for you. And their system is a game changer! Why pay the full fees to sell a house? Using the YourHomeFree system will save you thousands of dollars in sales fees, yet you still get the full compliments of realtor services and marketing!! I have been a customer for years and will never go back to the old way. So if you want to SAVE MONEY and still get FAST, GREAT SERVICE, then you need to look no further.

    Jimmy Smith Avatar
    Jimmy Smith

    Worked extremely fast and helpful! Always kept in contact and upto date on info! Kelly always let us know what was being said between her and the other realtor and helped us out in all our questions! Absolutely loved her!

    user0418467 Avatar
  • Very knowledgeable about properties we were interested in. His team is very professional and helpful. Every question answered, kept in touch during entire process.

    ekchoice103 Avatar

    We had a wonderful experience with Team Nelson! James Freed was our agent and we were ably assisted by Team member Kelly Sokora. The animation posted on line of our home was fantastic and produced to state of the art technology, displaying our home to the utmost market potential. We sold within 24 hours and the support of James and Kelly throughout the process to close could not have been smoother. I would not hesitate to recommend Team Nelson to family and friends.

    Ray Hodge Avatar
    Ray Hodge

    We love selling people's homes for free!

    Bill Nelson Avatar
    Bill Nelson
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