Pricing Your Home to Sell

Posted on 22. Feb, 2010 by Peter Kui

The right price for your house and every other house is price that the market will bear. In an active market, that price is much easier to determine. In a slow market, that price is more difficult to determine.

The best method of determining the right price is to analyze and evaluate the data on prior sales of comparable homes. To understand which homes are comparable, it is important to consider the condition of the other properties. We track properties that are listed and sold every day.

Our job is to stay on top of the market so that we can advise you about the market activity and what price the market will bear.

The market value is always drive by:

• Location of Property
• Economic Condition
• Comparable Properties Sold or For Sale
• Condition of Property
• Financing

The factors affecting real estate sales are:

1. Effective Demand & Purchasing Power
2. Location
3. Functionality of the Floor Plan
4. Condition of the Property
5. Terms of Sale
6. Price
7. The Listing Agent You Select

You cannot change or affect some of these factors, but you have effective control over the last 4 factors.

Consult with us and we will help you to improve and optimize the “Condition of the Property” for selling with the highest return on investment. Tell us about your goals with this move and we will help you manage the schedule and terms of the sale to help you achieve these goals.

Lastly, we will inform you about market activity, trends and recent sales to provide you with the information necessary to make the best decisions on pricing.

Our objective is to work together with you to achieve your goals associated with this move and still achieve highest net value possible in today’s real estate market. It all starts with your decision to work with us as your Listing Agent.