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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.

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  BUYERS & SELLERS REALTY
Mike Carter | 904-654-6654 | Email Me
300 Kingsley Lake Dr., Suite 401 - St. Augustine, FL 32092
Copyright © 2016, All Rights Reserved

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*Fees vary for homes $200k and above. Call for details. Each Office Independently Owned & Operated. Commissions may be negotiable and are not established by law. Savings based on comparison to paying a 6% commission. The information herein is deemed to be accurate, but not guaranteed. All information to be verified. Savings based on national statistics since 01/01/00 for all Assist-2-Sell offices in North America compared to paying a 6% commission.  All agents at Assist-2- Sell Buyers & Sellers Realty are Realtor®-members of the Local, State, and National Associations of Realtors®.

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