Metro Brokers Littleton Town Centre"Your Greater Metro Denver Real Estate Resource"
Pricing to Sell
Pricing your home is both an art
and a science. Achieving the optimal price is the result of knowing the market,
researching comparable properties, and maintaining an objective viewpoint.
The right price should:
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Attract buyers |
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Allow you to earn the most money
possible |
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Help you sell as quickly as
possible |
Fact: Price is the number one
factor most potential homebuyers use to determine which homes they want to
view. It is important to remember that, although you set the asking price, the
buyer determines the value of what they are ready, willing and able to pay.
Try to avoid allowing your
enthusiasm to impact your better judgment- overpricing is a common mistake that
can cost you in the end.
Here are some reliable guides to
use when pricing your home:
Factors Affecting Your
Asking Price
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How quickly you need to sell |
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The amount of competition in your
price category and area |
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The availability, flexibility and
afford ability of financing |
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The sale prices of similar homes
sold in your neighborhood during the past three months. |
Factors That Should Not
Affect Your Asking Price
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The original cost of the
property- price is determined by today's market |
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Any investments you've made in
improvements |
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The cost to build your home today |
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Emotional attachment |
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The opinions of friends and
neighbors |
Problems That Can Arise
From Overpricing
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You may help sell similar homes
that are priced lower |
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Your home may stay on the market
longer |
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You could lose market interest
and qualified buyers |
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You might create a negative
impression of the property |
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You could lose money as a result
of making extra mortgage payments while incurring taxes, insurance and
unplanned maintenance costs |
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You may have to accept less money |
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A potential buyer may face appraisal and financing problems as a result of the inflated price |
With a mix of real world experience
and advanced training, Metro Brokers, Littleton Town Centre, has the tools
necessary to compute the fair-market value of your home based on both the
marketplace and your personal considerations. We evaluate your needs and work
with your must-sell date. Remember, the right price is the beginning key to a
successful sale.
Working with our brokers at Littleton Town Centre helps you to price your home accurately the first time.