Pricing Your Home

Pricing Your Home There are several pricing strategies to consider based on your specific objectives.

We will provide you with comps, neighborhood and market data so you can make an informed decision regarding the asking price of your home. Other factors that influence price are shown in the Pricing Equation below.

Location + Condition* + Amenities + Terms + Square Feet + Lot Size = Market Value In The Eyes Of A Buyer

As shown above, market value is determined by the buyer’s perception of a combination of factors that culminate in what they are willing to pay for your property. Understand too, buyers are comparing your home to others they see online and in person.

How you see your home... How your buyer will see your home... How an inspector will see your home...

*Condition refers to the underlying condition of home, updates and how the home presents both online and in person.

It is important to price your property in the range of market value when we finalize the listing agreement.

The value of your property is determined by what a Buyer is willing to pay, and a Seller is willing to accept in today’s market.

Buyers make their decision based on comparing your property to other properties SOLD or for sale in your area. Historically, your first offer is typically your best.

Pricing your property competitively will generate the most activity from agents and Buyers.

Pricing your property too high may make it necessary to drop the price below market value to compere with new, well-priced listings.

Buyers tend to ‘look past’ homes that have been on the market for an extended period of time.