There are three things you need to take into consideration before placing your home on the market - Price, Location and Condition.
First, you need to determine where your home is located. Is your home the best house on the block in a not so great neighborhood, or is it a rundown home in the best area of the neighborhood. Some might be interested in purchasing your home for the sole purpose of rehabbing it and either moving in or reselling it. Having a not so great home in a not so great area is a recipe for disaster.
Condition is also a key factor. If you're able to fix certain cosmetic or structural issues of your home, you may receive a higher purchase price. Keeping the home dirty, or having light bulbs missing gives the appearance that you haven't taken very good care of your home.
Also, before listing, take into consideration the homes that have sold in your area. Although you may believe your home deserves a higher listing price, many may not think so. Your home is competing against other homes on the market for sale. As I mentioned above, if your home is a nice home in a bad area, there's only so much someone will pay to live in that area.
If you're thinking of buying or selling a home, feel free to contact Alon Darvish at (310)299-9974 to learn more about how to make your home more marketable.