The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.
Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:
houses in your price range and area that were sold within the last half-year
asking and selling prices of houses
current inventory of houses on the market
features of each house on the market
From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.
Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.
Always be realistic. Understand and set your price to reflect the current market situation.
The Kevin Crozier Team has great staff, and Natasha was fabulous! Jake (June 2019)
Amanda and the Team did a great job at keeping all things moving, even when we were out of town.Erin and John (June 2019)
Amanda represented us really well. It felt good to have her on our side.Katie (May 2019)
Amanda and Natasha are amazing and get the job done! They are efficient, wonderful professionals and great communicators. We didn't think being homeowners could be in our near future but they changed that in such an amazing way.Jacob & Carleigh (March 2019)
Kevin and his team did an excellent job of helping us sell our home. After having a couple of contracts fall through due to inspections, they continued to work hard until we had a good offer and a contract that went through to Closing. Yeah!! I would recommend them highly. They will work hard for you.Roxanne (January 2019)