How We Set The Sales Price

Before The Crown Team works with you to set the sales price of your house, they will run a Comparative Market Analysis (CMA) that will show the listing price of similar houses in the area as well as the prices the houses actually sold for. The CMA will provide data about homes for sale, pending sale and sold recently.

When a homeowner puts a house up for sale they usually have a reason for doing so.  The motivation and goals you have are a very important part of pricing the home.  One of the first things to determine is what your goal is.  If you need to sell quickly you may need to leave some of your potential gain on the table.  If you are attempting to make as much as possible the marketing time may be much longer.  We find most clients want to maximize the selling price and balance it within a reasonable selling time.  The type of market that you choose to sell in will have an effect on the best way to proceed.  We can and will explain to you all of the pros and cons of each approach and how the current market will effect you.

The market conditions will have a strong influence in what sales price you choose for your home.  The Crown Team will discuss your goals with you, take into consideration how fast homes are selling, how much competition your home will have, the over all market condition, interest rate trends and finally whether it is a seller's or buyer's market.  Then we can recommend a price at which to list your house to meet your goals in the current market.

See what's involved in getting an accurate price...What Price?

What's My Home Worth? 

05-08-2007

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