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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. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:
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.
Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.
Always be realistic. Understand and set your price to reflect the current market situation.
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Tim and Gina Todd
Target Realty Group
2815 Michigan St NE, Suite D
Grand Rapids, MI 49506
Phone: 616-291-1848
Email: TimTodd@grar.com
Tim and Gina Todd | Target Realty Group
616-291-1848 | TimTodd@grar.com
2815 Michigan St NE, Suite D, Grand Rapids, MI 49506
Copyright © 2017. Tim and Gina Todd, All Rights Reserved
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Information deemed reliable, but not guaranteed. The properties listed on this website are generated from the Broker Reciprocity Program of the MLS Exchange, Inc.
Information last updated on 2024-03-28 06:30:11.