Pricing Your Home
Every house is unique and there are a number of factors that can positively or negatively affect the sales price of your home.
Selling your home for the highest possible price, in the shortest amount of time, with the least amount of problems is my goal.
When coming up with a price it’s important for me to come out and see your home and perform a Market Analysis.
A market analysis is an estimate of what your home should sell for in today’s market. The estimate is based on sales of similar homes in your area. Here’s what I look at when preparing a market analysis.
Active listings are homes that are currently for sale, these listings only matter to the extent that they are your competition, they are not indicative of market value because they have not sold.
Pending listings are homes that are under contract, they have not yet closed, so they are not a comparable sale, however pending sales do indicate the direction the market is moving.
Sold Listings are homes that have sold within the past six months, these are the comparable sales that I will looking at to determine price.
When determing the value I will look at those sales that closely resemble your home. I select those homes that are mostly identical to your home in similar square footage, similar age, type of construction, similar amenities, upgrades, condition and location.
With a keen understanding of both the big picture and the very latest local listing and sales data, your home will be priced right, adjusted as needed and will sell quickly.