Setting The Price
The market sets the price. I will help you set a realistic price to match market conditions.
I can give you a comparative market analysis based on similar homes in your area. It will show current listings, recent sales, and expired listings (a good thing to check because these houses are usually either overpriced or poorly marketed).
I will help you develop a competitive price based on:
- Location
- Size
- Style
- Condition
- Community amenities
- Financing options
- Market conditions (Is it a buyer's or a seller's market?)
A realistic competitive price is important. It means:
- Your property will sell faster. People don't bother looking at over-priced homes
- Your home doesn't lose its "marketability."
- Offers are higher when a property is closer to market value.
- A well-priced property can generate competing offers.
- Realtors will be more willing to present your property to buyers (and be more enthusiastic when they do so).
Remember, the market determines price. Avoid the urge to price your home based on considerations that do not affect its market value.