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Setting the Sales Price
Before we set the sales price of your house, we'll prepare a Comparative Market Analysis (CMA) and a trend chart that will show the listing price of similar houses in the area as well as the prices at which the houses actually sold; this is our Enhanced Market Analysis. Additionally, the analysis will give us information about houses currently on the market and about houses that were on the market but never sold.
Next, we'll ask you about your goals in selling the house. Everyone who sells a house has different goals that need to be factored in when calculating the 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 many months?
- Is your goal to sell your house quickly?
- If so, are you willing to sacrifice some of your potential profits to sell more quickly? This will also save you additonal mortgage payments, taxes and association dues.
- Would you like to establish a balance between selling your house quickly and selling at the top end of market value?
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Market conditions will play a role in setting the sales price of your house. we'll factor in how quickly houses are selling in your area, interest rates, knowing it's a buyer's market, and a variety of other factors effecting the market value of your property. We can create a Market Analysis based on the information you provide below. Knowing your property location or Tax Map Key we can compare your home to other similar properties and get a good idea of your property value.
We'll then work together to determine the price to list your house to meet your goals in the local market.
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