Tips for pricing in todays market

Tips for pricing in todays market

There is no simple way to price your own home. However, with the right strategy you can maximize the amount you sell for while not spending a long time on the market. Here are some tips.

 ~ Study past sales. Have your real estate broker complete a CMA (Comparable Market Analysis). This will give you a clear understanding of the true market value of your home.

~ Leave some room for negotiation, but don't overreach. Your price should give both parties room to maneuver, but if it is too high, you risk being perceived as unrealistic, and buyers will pass over your home.

 ~React swiftly and decisively. If your home is on the market and is not being shown, or if you receive feedback that you are priced too aggressively, don't hesitate to adjust your price.

 

If you would like a CMA prepared for you, please feel free to contact me at 509-868-3950.


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Phone: 509-280-8445
Dated: May 4th 2013
Views: 1,095
About Alex: Alex Ganea began his real estate career in 2003 and has ranked among the top 1% of REALTORS® in Spo...

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Engel & Vlkers Spokane
808 W Main Ave Ste 229
Spokane, WA
509-774-5720
509-960-7978