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Setting Your Price

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It's important to know which factors affect the market value for your property.

Setting the price for your home requires finding the perfect balance between attracting the largest number of qualified buyers and, ultimately, generating your top dollar.

It is in your best interest to set the price realistically, aggressively (of course!) but realistically. Significantly overpricing your home will not achieve your goals of getting top dollar. When a home is overpriced, it doesn’t get shown as often. What you want is a maximum number of buyers (who have a reasonably close price target to your target selling price) to see your home. The more buyers that see your home (which is a function of price and quality marketing), the greater number of offers you will receive.

You should plan on leaving room for negotiation with the buyer.  Contact us if you want to know the average in your area!

 


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