Pricing Your Home for Sale
How to price your home is one of the most
important issues you will face.
Pricing will determine, among other
things, how quickly your home sells, how attractive your home will be to buyers,
and how you will reach your financial goals.
Unless there are extenuating circumstances,
such as your property’s being located in a high-risk, undesirable or unusual
area, the listing price of your home will set the tone for your entire
transaction.
That’s why my expertise and knowledge of your
local marketplace is so helpful. I gather statistics that quantify the prices
of comparable homes in your neighborhood that have sold, that have not sold, that
are pending, and that currently are on the market.
I compare aspects of those homes against the
unique features of yours. I analyze market conditions, the availability of
mortgage funds, neighborhood reputation and characteristics, among other
considerations, to create a Comparative Market Analysis (CMA). The CMA provides
objective information that will enable us to make an educated, informed pricing
decision designed to yield a speedy sale for the most advantageous price
possible.
Put yourself in a potential buyer’s shoes when
considering pricing. Buyers’ main considerations will be location, age of
property, its condition and style and of course, price. Thinking objectively
about these matters will help you and me determine a price based on fair market
value -- what your house is worth in the current market, not the amount you or
your buyers would like it to be.
Call me to get started at 610-372-0212 or
610-413-0520 or email me at erica.fair@yahoo.com.
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