• Home
  • Search
  • Buy
  • Rent
  • Sell
  • Blog
  • Contact Us
Search
23.3 C
Nairobi
Tuesday, August 4, 2026
Kenya Homes Properties

Kenya Homes Properties Kenya Homes

  • Home
  • Search
  • Buy
  • Rent
  • Sell
  • Blog
  • Contact Us
Can You Get an Apartment With Bad Credit
Financing

Can You Get an Apartment With Bad Credit

Kenya Homes - January 16, 2020
0
Do Real Estate Agents Deal With Rental Properties?
Renting

Do Real Estate Agents Deal With Rental Properties?

Kenya Homes - January 16, 2020
0
Reasons Why Good Home Ventilation is Important
Home Improvement

Reasons Why Good Home Ventilation is Important

Kenya Homes - January 15, 2020
0
Play It Safe with Kitchen Fires
Home Improvement

How To Handle Kitchen Fires 101

Kenya Homes - January 15, 2020
0
There is a Wrong Way of Investing in Real Estate
Real Estate

There is a Wrong Way of Investing in Real Estate

Kenya Homes - January 14, 2020
1
What's the Difference between a real estate Developer and a real estate Investor
Real Estate

Difference between a real estate Developer and a real estate Investor

Kenya Homes - January 14, 2020
1
Real Estate Agents
Real Estate

Real Estate Agents’ Myths Not To Believe

Kenya Homes - January 13, 2020
0
How to Identify The Right Real Estate Developer
Real Estate

How to Identify The Right Real Estate Developer

Kenya Homes - January 13, 2020
0
Simple Ideas to Make Your Home Smell Fresh
Home Improvement

Simple Ideas to Make Your Home Smell Fresh

Kenya Homes - January 10, 2020
0
Secrets to Keep Your Painted Walls Looking Fresh
Home Improvement

Secrets to Keep Your Painted Walls Looking Fresh

Kenya Homes - January 10, 2020
0
1...131415...56Page 14 of 56

MOST POPULAR

What You Need To Know About Helb and Home Buying

What You Need To Know About Helb and Home Buying

September 11, 2019

Top Tips of Buying a Home Off Plan

January 11, 2019
Pros and Cons of Renting to Students

Pros and Cons of Renting to Students

April 14, 2020
simple and cheap landscaping ideas.

SIMPLE AND CHEAP LANDSCAPING IDEAS.

October 17, 2019
Load more

HOT NEWS

Real Estate Myths
Kenya Homes

5 Myths about Real Estate Explained: The Facts

If you're putting your home on the market, especially if you live in an area where prices are going up and buyers are competing for homes, you may be tempted to try listing it at a high price. Don't do it. Experienced real estate agents will tell you that pricing your home appropriately from the beginning is critical to getting it sold quickly and at the best price. Research shows that overpricing your home and then dropping the price several times while it languishes on the market usually leads to selling it at a much lower price than what you originally should have asked for it. The longer a home stays on the market, the deeper the discount is likely to be off the original price. Related Articles What Is a Listing Agent? Why a Home Sale Hinges on Agent's Expertise How Much Does It Cost to Sell a House? Here's a Reality Check How Much Is Your Home Worth? For example, according to McEnearney Associates, a McLean, VA, real estate company, homes that sold in August 2013 within their first week on the market sold for an average of 2.08 percent above list price. Homes that lingered on the market for four months sold for an average of 11.53 percent below their original price. How to price your home correctly Many homeowners want to set their list price based on what they paid for their home, the balance of their mortgage, or on the profit they want to make so they can move into another home. In reality, your home is worth only what the market will bear. If you price your home too high, some potential buyers won't want to look at it at all, while others will simply walk away without making an offer. If you're interviewing several real estate agents to choose a listing agent, you may be tempted to pick the sales professional who suggests the highest price for your property. But sellers, like buyers, need to beware. The real estate agent who provides the best comparative market analysis and explanation of how your home should be priced will be more likely to sell your home quicker and for a higher price than someone who tells you only what you want to hear. A comparative market analysis should include sales prices for similar nearby homes that sold in the last month or two. In addition, many real estate agents include prices for homes currently on the market that will be your competition, as well as homes taken off the market because they didn't sell. Other data real estate agents can use to suggest a price range include how many days homes were on the market at various price points and the average difference between the list prices and sale prices on homes that have sold. Your real estate agent can help you estimate who might want to buy your house and what else those buyers are looking at so you can measure your price against the competition. A knowledgeable real estate agent can factor in all of these issues in the context of your local market conditions, including whether home prices are rising or falling and whether it's a buyer's or seller's market. Choose the right professional to help you with your home sale and then listen to your real estate agent's advice and your transaction is more likely to go through quickly and smoothly from the beginning.
Financing

Your First Home Asking Price Is Crucial

Virtual Staging: An Innovative Way to Impress Buyers
Real Estate

Virtual Staging: An Innovative Way to Impress Buyers

Kenya Homes

Effective Public Speaking in Real Estate

  • Disclaimer
  • Privacy
  • Advertisement
  • Contact Us
© Kenya Homes 2019: All Rights Reserved
Edit with Live CSS
Save
Write CSS OR LESS and hit save. CTRL + SPACE for auto-complete.