Setting the Sales Price Before we set the sales price of your house, I'll run a Comparative Market Analysis (CMA) that will show the listing price of similar houses in the area as well as the prices at which the houses actually sold. Additionally, the analysis will give us information about houses currently on the market and about houses that were on the market but never sold. Next, I'll ask you about your goals in selling the house. Everyone who sells a house has different goals that need to be factored in when calculating the selling price.
Market conditions will play a role in setting the sales price of your house. I'll factor in how quickly houses are selling in your area, interest rates, the strength of the school system, and finally whether it is a buyer's or seller's market. I'll then recommend a price at which to list your house to meet your goals in the local market. |
Jeffrey is a full-time Realtor specializing in residential real estate sales, marketing & consulting. If you or someone you know has a question about the market, don't hesitate to get in touch.
Monday, September 5, 2011
Setting the RIGHT list price
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