Best Home Pricing Strategies – Washington Blade

Home Pricing Strategies - Pixabay

Pricing your home correctly from the start is imperative to a successful sale. We all love our homes and probably think it is worth more than it is. But that thinking can be a killer when it comes to pricing your home when you go to sell.

Home Pricing Strategies

There are three main home pricing strategies to think about when approaching finding the right price: Aspirational, Market Value, and Below Market Value.

The first thing to remember when pricing your home is you must think of it like a product. While it is still currently your home, in the minds of the buyers it is a product. And buyers will decide if that price you’ve set is worth what the house offers. If it isn’t, your showings will lag and offers will just not arrive. This will lead to longer days on market, which can be a huge turn off to buyers, especially in the D.C. market. 

So, what is the best of these home pricing strategies for you? It comes down to your specific property. What it offers, where it is located, the size, the condition, etc. It’s also helpful to see what the market norms are, so you are competitive. So before pricing any home, you have to do your research. You want to closely examine what similar homes have sold for in your area in the past year to six months. Seeing that data is a start to any good pricing discussion.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Sherri Anne Green
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Freedom From Housing Discrimination – The Washington Blade

Freedom From Housing Discrimination - Deposit Photos

June 19. Freedom Day. Jubilee Day. Cel-Liberation Day. It commemorates the end of slavery when on June 19, 1865, Union general Gordon Granger finally made it to Galveston, Texas to read federal orders from 1861 announcing that all previously enslaved people were free. It is the oldest nationally celebrated commemoration of the ending of slavery in the United States.

Yes, this was two and a half years after President Lincoln’s Emancipation Proclamation that became official on Jan. 1, 1863. The Proclamation had little impact on Texas due to the minimal number of Union troops there to enforce the new order. With the surrender of General Lee and the arrival of General Granger’s regiment, the forces were finally numerous and strong enough to overcome the resistance.

On this year’s June 19, and with the world focused on equality for all, it is important for us also to talk about housing discrimination and equality in the home buying process. Despite being given the freedom from slavery in 1865, it wasn’t until 1968—52 years ago—that the Fair Housing Act was passed.

The Act, in simplest terms, protects people from housing discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities. It prohibits discriminating against someone based on race, color, national origin, religion, sex, familial status, and/or disability.

Housing discrimination can come in two forms—direct and indirect. Direct is purposefully and impermissible basing the sale on a protected class/characteristic. Indirect is unconsciously applying a requirement or rule in the sale or rental of housing.

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Home Downsizing Dilemmas – Washington Blade

home downsizing yard sale - Pixabay

As a first-time buyer, you may have looked to your parents for down payment assistance, advice on what to look for in a home or as an extra sounding board during the process. As your parents get older and look to downsize their home, they may turn to you for the same support. 

Aging adults often need help with home downsizing so they can move into a more manageable home size, transition to an assisted living facility or relocate to a retirement community. When that time comes, you can return the favor your parents did for you and help them through their selling and buying experience. Trust me, they will need you.

It can be very emotional for older adults to leave the place they’ve lived in for years, raised their family in and have so many memories wrapped up in.

I’ve worked with numerous aging adults and parents. They have lots of questions, can get confused by the decisions to make, need questions answered more than one time and generally are overwhelmed by the financial decisions and emotional toll of home downsizing. So remember to pack your patience as you help them pack their belongings. 

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