This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 09/01/2022 to 03/05/2022 Mls Status is 'Withdrawn' Status Contractual Search Date is 09/01/2022 to 03/05/2022 Mls Status is 'Expired' Status Contractual Search Date is 09/01/2022 to 03/05/2022 Latitude, Longitude is within 0.25 mi of 8460 Harrison Way, Thornton, CO 80229, USA Beds Total is 3 Baths Total Integer is 2 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' ListingActiveResidentialPropertiesID CityAddress Bds Bths Ttl Fin PSF Fin List PriceOrig PricePSF TtlAbv List PSF Abv DIM 8363 Jackson CIR $316,0003 1,296 $24406/10/222Thornton 1,2961,296 325,000$244 $2443422503 57 Count: 1 Averages: 1,296 $316,000$2441,296 $2441,296 High Low MedianList Price: $316,000 $325,000$316,000$244$316,000 57 Pending Properties Listing ID CityAddress Bds Bths Ttl Fin PSF Fin List PriceOrig PricePSF TtlAbv Pending PSF Abv DIM 8503 Monroe CT $264,9003 924 $28708/09/222Denver 924924 310,000$287 $2875131661 96 Count: 1 Averages: 924 $264,900$287924 $287924 High Low MedianList Price: $264,900 $310,000$264,900$287$264,900 96 Closed Properties Listing ID CityAddress Bds Bths Ttl Fin Close PricePSF Fin List PriceOrig Price CP/OLPPSF TtlAbv Close PSF Abv DIM 8505 Madison CT $295,0003 1,088 $276 $300,000 102%04/22/222Denver 1,0881,088 295,000$276 $2765181618 1 8463 Monroe WAY $299,0003 1,188 $305,000 102%05/06/222Thornton 1,1881,188 299,000$257 $257IR962049 6 8373 Monroe CIR $330,0003 1,296 $330,000 100%04/29/222Thornton 1,2961,296 330,000$255 $255IR962019 6 Count: 3 101%Averages: 1,191 $308,000 $311,667$2761,191 $2621,191 High Low MedianClosed Price: $305,000 $308,000$300,000$262$330,000 4 Report Totals $300,980$269 $264 $311,6671,1581,1581,158Count : 5 Averages: Close PriceList PriceOrig PricePSF FinPSF TtlPSF AbvSqft FinSqFt TtlSqFt Abv $311,800$ 264 101 % CP/OLP Generated on: 09/01/2022 CMA Page1-Line1of1REcolorado.com Presented By: Lily Lopez All data deemed reliable but not guaranteed Copyright REcolorado © 2022. All rights reserved.
Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
•Fair market value attracts buyers, overpricing never does.
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
Brendan Bartic | The Bartic Group |303. . www.TheBarticGroup.com|Brendan@TheBarticGroup.com
INFOINTELLIGENT PRICING AND TIMING
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area.
•The first two weeks of marketing are crucial.
Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake.
•The market never lies, but it can change its mind.
INFOINTELLIGENT PRICING AND TIMING
If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value.
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the Internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks.
Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.Brendan Bartic | The Bartic Group | 03. . www.TheBarticGroup.com|Brendan@TheBarticGroup.com
