Pricing is the key to positioning your home to attract qualified buyers.
A property’s value is based on:
Location, design, amenities and condition.
Comparable available properties, and sold properties.
Economic conditions what affect property transactions and values.
Factors that have little or no influence on the market value of a home include:
The price originally paid for the property.
Expected net proceeds.
The impact of accurate pricing:
Properties priced correctly generate more showings, more offers, and sell in a shorter period of time.
Properly priced homes may streamline and fast track the appraisal process.
A Comparative Market Analysis (CMA) considers similar properties that:
Are currently on the market:
These properties will be competing with yours for the attention of available buyers.
Have recently sold:
This shows us what buyers in the market have paid for properties similar to yours.
Failed to sell:
Understand why these properties did not sell can help avoid extended marketing time.