2500 Originating System
Property
ListingPendingResidentialPropertiesID CityAddress Bds Bths Ttl Fin PSF Fin List PriceOrig PricePSF TtlAbv Pending PSF Abv DIM 10442 Garland WAY $508,0003 1,920 $26508/13/222Westminster 1,3051,305 575,000$389 $3897976739 58 9876 W 106th AVE $534,9003 1,937 $27608/28/222Westminster 1,3571,357 534,900$394 $3941516654 2 Count: 2 Averages: 1,929 $521,450$2701,331 $3921,331 High Low MedianList Price: $521,450 $554,950$508,000$392$534,900 30 Closed Properties Listing ID CityAddress Bds Bths Ttl Fin Close PricePSF Fin List PriceOrig Price CP/OLPPSF TtlAbv Close PSF Abv DIM 10414 Garrison ST $530,0003 1,920 $271 $520,000 100%09/01/222Westminster 1,3051,305 520,000$398 $3982695464 4 10417 Jellison WAY $515,0003 2,138 $246 $525,000 102%08/26/223Westminster 1,4141,414 515,000$371 $3719972828 11 10437 Jellison WAY $585,0003 2,241 $254 $570,000 96%08/03/223Westminster 1,6111,611 595,000$354 $3542250216 18 Count: 3 99%Averages: 2,100 $543,333 $538,333$2571,443 $3751,443 High Low MedianClosed Price: $525,000 $543,333$520,000$375$570,000 11 Report Totals $534,580$262 $381 $538,3331,3982,0311,398Count : 5 Averages: Close PriceList PriceOrig PricePSF FinPSF TtlPSF AbvSqft FinSqFt TtlSqFt Abv $547,980$ 381 99 % CP/OLP Generated on: 09/03/2022 CMA Page1-Line1of1REcolorado.com Presented By: Lily Lopez All data deemed reliable but not guaranteed Copyright REcolorado © 2022. All rights reserved.
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Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 09/03/2022 to 03/07/2022 Mls Status is 'Withdrawn' Status Contractual Search Date is 09/03/2022 to 03/07/2022 Mls Status is 'Expired' Status Contractual Search Date is 09/03/2022 to 03/07/2022 Sub Type is 'Single Family Residence' Latitude, Longitude is around 39.89, -105.10 Beds Total is 3 Baths Total Integer is 2+ Building Area Total is 1900 to Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'
•The market never lies, but it can change its mind.
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 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.
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 attracts buyers, overpricing never does.
•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.
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
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.
