You have seen it all over the
years--interest rates rise and fall, sales prices escalate and decline. No
matter what phase the market is in, it is always important to price your home in
town competitively. How can you price your home with confidence?
The first step is to contact a professional
Realtor for a market analysis. The Realtor will look at recent sales of
comparable homes in your area and give you information about other properties
that are currently on the market. By comparing the size, location and condition
of your home to the competition, your agent can help you determine what to ask
for your home. Even in an active market, an inflated price may frighten
prospective buyers away. A house that is over-priced can take additional weeks
or months to sell, and the final sale price may even be lower than if the
sellers had started out more realistically. The price is based on market
conditions, comparable sales, and our years of experience in the marketplace.