Pricing Your Home For Sale

Pricing the home properly can make a huge difference in whether a house is purchased relatively quickly, or languishes on the market for months on end.

There are also a number of other factors that will affect the success of your home sale. These include: Location of the Home, interest rates, economic conditions, time of year, condition of the home, marketing the home, terms of the sale and accessibility to the home.

Some of these are not within your control, such as the location of your home, interest rates and economic conditions. Other factors are those you'll discuss with your real estate agent to determine what would most benefit the sale of your home. If you can, waiting for a good time to sell your home – spring or fall are the most popular home buying times – also may help it sell faster.

To price a home properly, you and I will study the local market, research comparable properties and consider current market conditions.

This is where the “Comparative Marketing Analysis” you requested when interviewing for a listing agent will come in handy as a place to start.

A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes (which are known as comparables/comps) that are near a home intended to be bought or sold. 

Let me know if you have any questions.
federico@federico4homes.com