Some sellers don?t worry too much about putting a high price tag on their home. They figure prospective buyers are going to offer less money anyway so why not start high and come down later? There may be some truth to this philosophy but there are dangers as well. Homes that are priced a few thousand dollars over market may receive offers that initiate the bargaining process but a home can be priced so high that buyers steer clear altogether.
A home that is on the market too long is often a red flag for prospective buyers. And believe me, they ask! While it is true you can always reduce your price at a later date, buyers may wonder what is the matter with your home that it didn?t sell.
When you are planning to sell your home, here are some of the factors to consider:
1. Supply and demand in your local housing market
2. General and local economic conditions
3. Home prices in your area
4. Your location specific within your market
5. Your home?s upgrades
6. The pool of most likely buyers for your home
How you price your home may make a big difference in how quickly it sells and on your bottom line. I recommend that you obtain a Comparative Market Analysis (CMA) so that you know what homes like yours have sold for in the past several months.
I can help you make an informed decision on the best price for your home because I keep up to date with factors that concern real estate values in your area. I will provide you with a CMA so you will have the latest sales figures and I will report on any local or general economic or supply and demand factors that are currently affecting home prices. Because I am experienced in what buyers want, I can help evaluate your home?s extra selling features so that you start off on the right track.
There is no obligation on your part for a Comparative Market Analysis. Just call me or send me an E-mail message that you want a CMA for your home. You?ll be glad you did.
- NUMBER1EXPERT™ 
