Before
we set the sales price of your house, we'll run
a Price Opinion or Comparative Market Analysis (CMA) that will
show the listing price of similar houses in the
area 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,
we'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?
- If
so, are you willing to have your house
on the market for many months?
- Is
your goal to sell your house quickly?
- If
so, are you willing to sacrifice some
of your potential profits to sell more
quickly?
- Would
you like to establish a balance between selling
your house quickly and selling at the top end
of market value?
Market
conditions will play a role in setting the sales
price of your house. We'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. We
will then recommend a price at which to list
your house to meet your goals in the local market.