SELLER INFO

Home selling has become a more complex business than it used to be. New seller disclosure statements, longer and more mysterious form agreements, and a range of environmental concerns have all emerged in the past decade.

The result is that while almost 100,000 existing homes are sold each week, the process is not as easy for sellers as it was 5 or 10 years ago. Surviving in today’s real estate world requires experience and training in such fields as real estate marketing, financing, negotiation and closing - the very expertise available from a local REALTOR®.
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STEP 3: Set the Price

Every reasonable owner wants the best possible price and terms for his or her home. Several factors including market conditions and interest rates will determine how much you can get for your home. The idea is to get the maximum price and the best terms during the window of time when your home is being marketed.  All transactions are different, and because of this, you should do as much as possible to prepare your home for sale and engage the REALTOR® you feel is best able to sell your home.

Because experienced REALTORS® have handled many transactions, they're familiar with the terms and conditions that went into individual sales, not just published sale prices which may not reflect various premiums, discounts and adjustments.  An effective list price is a combination of the following factors:

Current Number and Pricing of Similar Homes Currently on the Market
Comparable Sales
Market Conditions
Inventory
Seller Incentives
Seller Timeframes and Objectives

Remember that buyers will compare your home and the price to everything else they have seen that's on the market.  Your best guide for for pricing is what buyers have been willing to pay in the past few months for property in the neighborhood like yours.  Your Prudential Woodmont Realty REALTOR® sales associate will be happy to furnish data "comps" for you to review and help you set a proper price. 




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