Determining Your Home's Price

Setting the proper asking price for your home is the single biggest factor that will determine the success or failure of your home sale. The consequences of making the wrong decision are painful. If you price your home too low, you will literally give away thousands of dollars that could have been in your pocket. Price it too high, and your home will sit unsold for months, developing the reputation of a problem property (everyone will think that there is something wrong with it). Failure to understand market conditions and properly price your home can cost you thousands of dollars and cause your home not to sell... fouling up all of your plans.

Utilizing the latest computer technology and our in-depth knowledge of the market, we will analyze current market conditions in combination with your person time requirements to identify the correct price range for your home.

What factors influence the price of your home?

• The status of the current real estate market.
• The expertise and market knowledge of your real estate consultant.
• Hard facts such as square footage, lot size, and condition of your home.
• Desirability factors, including location, special amenities, and property attributes.
• Selling and listing prices of comparable homes.
• Your motivation level.

It is important to understand the following pricing misconceptions DO NOT affect the price of your home!

• The profit you wish to make from the sale (what you want or need).
• The amount of money you've spent on improvements.
  
• What other sources, such as friends, neighbors, and appraisers have told you it's worth.
  
• What you originally paid for the home.