8 Tips for Pricing Your Home in a Buyer’s Market

Dana Dratch, Bankrate.com wrote on MSN Real Estate, 3/9/08

Getting ready to sell? The more you know about conditions in your local market, the better your chances of getting the best possible price for your home.

It’s tough being the seller in a buyer’s market. But you can improve your odds with the right research.

In many cases, making a smart deal and getting the best price come down to studying your market and being an educated seller.

“You’ve got to know more than you would have if you’d sold a year ago,” says William Poorvu, professor emeritus at Harvard Business School and author of the upcoming book “Creating and Growing Real Estate Wealth.” “If you want to protect yourself, you have to become knowledgeable.”

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