clipped from: online.wsj.com Existing-home sales fell 0.3% in May from the previous month. The level is the lowest in nearly four years. (See related story.)
WHAT TO DO: In a slow market, it's imperative to price a home correctly. Use RealEstateJournal.com and HouseFront.com to research price ranges in your area and set a price at the lower end. Get estimates of your property's value at sites Cyberhomes.com and Neighboroo.com. PropertyShark.com offers pricing estimates per square foot. Take these assessments with a grain of salt -- as this article points out, they're not 100% accurate. Check information posted about your home on sites like Zillow.com and RealEstateABC.com and fix any inaccuracies. Consider cost-effective home renovations to enhance your property's curb appeal. Make your online real-estate listing and photos as appealing as possible. If you get a lowball bid on your home, submit a counteroffer. --Lauren Baier Kim, 6/25/07