Setting the Sales Price of your home

Setting the Sales Price 

Before we set the sales price of your house, I’ll run a Comparative Market Analysis (CMA) that will show the listing price of similar houses in the surrounding areas, as well as the prices at which the houses actually Sold.
Additionally, the analysis will give us information about houses currently on the market and about houses that were on the market but never sold.
Next, I’ll ask you about your goals in selling the house.
Everyone who sells a house has different goals that need to be factored in when calculating the selling price.
•Is your goal to get the maximum sales price for your house?
•Is your goal to sell your house quickly?
Market conditions will play a role in setting the sales price of your house.
Competition drives price.
Closed data shows us that when original list price was equal to the final list price, homes sold in an average of 30 days at 99% of list price.
Closings where the original list price was 1 to 2 % higher than the final list price, sold in an average of 147 days at 91% of original list price.
I’ll factor in how quickly houses are selling in your area, interest rates, the strength of the school system, and finally whether it is a buyer’s or seller’s market.
I’ll then recommend a price to list your house to meet your goals in our market.
Contact me directly for a Free confidential, no obligation market review and consultation.
Pat Hensley  919-280-4567


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