Anytime you sell something, it’s natural that you want to get a good price. This is especially true when you sell a home, as it’s usually the largest investment you’ll ever make. However, since real estate prices can vary greatly depending on a number of factors, such as the state of the national economy, the current inventory of properties in your area, and other circumstances, it is important to obtain an accurate value for your property. But since there are many ways to do this, it’s always good to be armed with as much knowledge as possible about what determines home value. So when you decide it’s time to sell your home due to divorce, illness, inheritance, job change, or another life event, here are some things to keep in mind.

When many people want their home’s value assessed, they choose to hire an appraiser. But before you do, make sure it’s one who is trained and certified, as their opinion can have a huge financial impact on you. If you hire an appraiser, they will take many factors into account, such as the area where the home is located, the condition of the home, and the sales price of nearby similar homes in comparable areas.

While not providing as detailed a report as an appraiser, a real estate agent can still assess your home’s value fairly well. Since in many cases the agent will have a deeper understanding of the local market and the asking price of other properties, the price they offer may be closer to what you will actually get from a buyer. And while this option will also cost much less than hiring an appraiser, the agent may do so with the expectation of being his agent should he decide to sell.

Since people use the Internet for so many aspects of their lives, it’s not surprising that they also use it to assess the value of their home. An easy and convenient way to determine home value, it’s best to use these sites just to get a general idea of ​​your property’s price. For the most accurate results, consulting a trained and experienced real estate professional is always the best approach.

While selling a home is always a big decision, it is also a decision that should not be made without working closely with an industry professional who has your best interest in mind. So if you decide to sell your home due to illness, divorce, moving, or inheritance, make the process as easy as possible by working with those who can get you the price you’re looking for.