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Setting the Price

The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.

Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:

  • houses in your price range and area that were sold within the last half-year
  • asking and selling prices of houses
  • current inventory of houses on the market
  • features of each house on the market

From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.

Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.

Always be realistic. Understand and set your price to reflect the current market situation.

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http://www.stratosrealty.com

Stratos Realty Group LLC

Corporate Office

5909 NW Expressway Ste 530

Oklahoma City, OK 73132

(405) 848-2925

http://www.stratosrealtygroupmd.com

Stratos Realty Group MD

3545 Ellicott Mills Dr Suite 311

Ellicott City, MD 21043

(443) 569-6753

www.stratosrealtygroup.com

Stratos Realty Group GA

4780 Ashford Dunwoody Rd #629

Atlanta, GA 30338

(404) 220-9985

Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information and resources available to you. If you are a return visitor, thank you. We would love to hear from you. We can serve all your real estate needs.

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