Selling your home? The most important factor to consider doesn’t come close to a fresh coat of paint or major landscaping upgrades. By far, the most important factor for selling your home is setting the right price.

Pricing your home too high can damage your online listing, which can quickly scare off prospective buyers. If you set the price too low then you put yourself at risk to fall short and lose a lot of money. Let’s face it, every seller wants to get the most value out of their home. Keep reading to learn how you can price your home correctly and sell in record timing.

Home for Sale, Photo Credit: irina88w (iStock).

Photo Credit: irina88w (iStock).

From square footage to location and market conditions, there’s a number of key factors that impact your property’s value. Do your research and find out how much your home is really worth these days. Compare your home to recently sold properties in your neighborhood and reach out to a local real estate agent or even an appraiser. It never hurts to get a second opinion from another real estate agent as well. For the most accurate home value, avoid using websites like Zillow, Trulia, and Realtor.com.

In addition to pricing your home competitively, home staging, new paint, boosting curb appeal, timing, and even a good sales agent will go a long way in helping you sell your home faster and possibly for top dollar.