Before setting the sales price of your house,
consider:
1. Obtaining a FREE Valuation Report from Zillow.com
2. Ordering a FREE Comparable Market Analysis from 1Listing.com,
which will show the listing price of similar
homes in the area as well as the prices at which similar homes
actually sold.
Next, consider your goals in selling the house.
Everyone who sells a house has different goals that need to be
factored in when calculating the listing and 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 a longer time period?
- 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?
There are many factors that will effect
the sales price. Current market conditions are among the most
influencial and will play the largest role in setting the sales price of your
house. It is recommended that you are aware
of how quickly homes are selling in your area, interest rates,
the strength of the school system, the inventory of other homes listed in your area, and their respective features and prices, the overall condition of your home, and finally whether it is a
buyer's or seller's market.
If you price your house too high, it will receive less attention from realtors and buyers, and few or no offers. If you price your house too low, it could result in a sale that nets you a lower gain. Keep in mind that market conditions are also dynamic, and can change even after you have made your pricing decision.
Using the services of 1Listing permits greater flexibility in pricing. The commission savings which you will achieve from using 1Listing can increase your overall net gain, and/or permit you to market your house at a lower price and still realize the same net gain as if you had used the services of a 3% broker/agent.