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Pricing Your Home
The next objective should be to determine the best possible selling price
for your house. You will always be better off starting at a fair market
value price for your home, rather than setting your price too high. If
your home stays on the market too long because it is overpriced, potential
buyers may think that something is wrong with it and you could end up
selling it for less than what you could have gotten if you had started
out with a realistic asking price.
Today's buyer is well informed and price aware. Care and research should
be taken when establishing the original listing price. Our Comparative
Market Analysis (CMA) will help to determine a non-biased opinion of the
value of the property. We will take into account the state of the current
real estate market, the condition of your home as well as sales of comparable
homes in your neighborhood, in order to identify the best selling price
for your home.
There are many factors that will affect the selling price. The following
should help further determine the price you can expect to receive:
- What are the prices (listing and selling) of similar homes in your
area?
- What is the size, layout and condition of your home?
- What is the location of your home, are you in a desirable area that
is in demand?
- Does your home have amenities that are currently popular in the marketplace?
- Is it a buyers' market or a sellers' market?
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