There are many factors that determine the value or price of a property. Our Comparative Market Analysis considers a variety of factors including but not limited to recent sales, active listings, current housing conditions and market research and trends. Ultimately, it is a seller that determines the list price. The selling price is determined not by comparable properties, but how the buyer views the property, thus establishing “worth.” We help establish a custom pricing strategy.
INFLUENCING THE SALE OF YOUR PROPERTY
To create maximum interest and help produce the highest return, your property needs to be distinctively positioned. Although the list price will influence the potential sale of your property, there are many other factors that come into play. Some of these are in your control, some are not.
• List price • Terms of sale • Condition of property • Ready access for showings • Choice of real estate agent • Curb appeal and proper staging
UNCONTROLLED FACTORS: • Physical location of property • Recent market values • Expired listings • MLS price reductions • Current market conditions compared to initial investment • Adverse conditions