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The Home Sweet Home Team

The Home Sweet Home Team

Pricing It Right

Pricing It Right

 

Determining the list price for your property is critical and can be the difference between attracting motivated buyers or repelling them at first glance. It is our responsibility and obligation to help you make an informed decision. We will help you determine the list price for your property through these key factors:

 

  • PHYSICAL QUALITIES AFFECTING THE VALUE AND DESIRABILITY OF YOUR HOME

The condition of the house will impact a buyers perception of its value. Even moderate improvements (such as touch-up paint on walls) can dramatically improve the perceived value, therefore driving buyer interest, offers, and ultimately a higher purchase price.

  • LOCAL MARKET CONDITIONS

Location, the economy, inventory and demand are just a few of the mitigating factors in how fair market value will be determined for your property.

  • EVALUATE YOUR COMPETITION

Comparing your home with homes that have recently sold in the area is the first step in the valuation process. The more we know about the competition, the better prepared we are with how to position and sell the property successfully. The competition is how we will gauge where we need to be, to get your house SOLD.

  • APPRAISAL PROCESS

More often than not, the buyers offer to purchase will be contingent upon financing and an appraisal. The buyer and seller may agree on the purchase price, but the home will have to appraise for the purchase price or the buyer may not be able to obtain financing to purchase the property. An appraiser will also determine the appraisal value using recently sold properties.

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The Home Sweet Home Team

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