Welcome or Register
Back to Table of Contents

Setting the Price

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.

Back to Table of Contents

Quick Search


view all


Any

Any

No Min.

No Max.

Testimonials Page

It is difficult to be an out of town buyer. We were worried about time constraints, difficulty with schedules of all parties involved - our schedule, seller's schedules, Donna's availability, etc. The out-of-town visits were short and day time to view properties in early spring was limited. Donna navigated all those difficulties as a true Champion! She made sure at all times and under all circumstances that our schedule and our needs were met. We found a house we wanted and needed. Donna's patience is limitless, her knowledge of the area is vast and her friendliness is genuine. Ludmila Pruner
It was a pleasure to work with someone who thorough,effective and professional.I feel fortunate that I found someone who was patient and kind as I looked at dozens of listings until I found the one that suited me best. The best part, however, is that I feel I've made a new friend and hope we will stay in touch. I certainly will sing your praises to others who talk about needing the assistance of a realtor. Pam Garland
View All