The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.
Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. A qualified Accurety, LLC Realtor can locate similar properties also referred to as comparables and provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:
- Similar properties in your price range and area that were sold within the last half-year
- Asking and selling prices of similar properties
- Current inventory of houses on the market
- Specific features of each house on the market
From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.
Always be realistic. Understand and set your price to reflect the current market situation.
Your Accurety, LLC Realtor can help you understand and set a price, which will reflect current market trends. and provide you the information you need to start the selling process.