Setting the Price to Sell Your Home

Posted on: May 24th, 2011 by admin No Comments

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. The CMA will reflect the following:

  • houses in your price range and area sold within the last half-year
  • asking and selling prices of houses
  • current inventory of houses on the market
  • features of each house on the market

From the CMA, you will find out 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. And understand and set your price to reflect the current market situation.

News and Highlights

  • 19Oct

    What is a Short Sale?

    Simply put, a short sale is selling a home below the amount currently owed to the lender(s).  There are times when this makes sense to both the homeowner and the lender. When the alternative is foreclosure, a lender would rather sell a home “short” if financially it is cheaper than the foreclosure process, which costs […]

  • 20May

    Getting the Highest Price in the Shortest Time

    The better you market your home, the more offers you will get. And the more offers you get, the more choices you have.

  • 28May

    Investing in Athens Real Estate

    In today’s real estate market you have so many variables pointing to it being one of the best long term investments you could make.

 

Testimonials

-Paul and Mary Hillier


I thought you’d like to know about our experience with Bob Allen. We spent a good deal of time trying to find the right person to list our home. Mulling and weighing various agents and agencies, we found Bob Allen toward the end of our process. As with many things in life, timing is everything,

Meet Bob Allen

Bob Allen is a licensed REALTOR® in Athens, Georgia, helping home buyers and sellers in Clarke County and the surrounding areas. Whether you’re looking to buy or sell your home, Bob offers courteous, personalized assistance…

Web site design by ryanlittscreative