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How do I price my home?
The market ultimately
determines the true value of your property.
Our agents will prepare a
written Comparable Market Analysis, which will:
- analyze comparable homes in
your area - both sold and currently for sale
- analyze market forces which
will affect the price of your home
- a complete marketing
strategy for the marketing of your home
- suggest a list price for
your home that reflects current market conditions
The Result of Overpricing
Here are the main reasons that
a Seller may decide to price a property above its market value.
- Extensive renovations /
hidden costs
- Desire to purchase in a
higher-priced area
- Original cost of home was
too high
- Lack of real market
information
- Building in "bargaining
room"
- Perceived emotional value
Many sellers believe that if
they price their home high initially, they can lower it later.
Often, when a home is priced
too high, it experiences little activity. Gradually the price will come down
to market value, but by that time it's been for sale too long and some
buyers will be wary and reject the property.
On occasion, the price is
dropped below the market value because the seller runs out of time. The
property sells for less than it's worth.
Missing the Right Buyer
You may think that interested
buyers "can always make an offer," but if the home is overpriced, potential
buyers looking in a lower price range will never see it.
Those who can afford a home at
your asking price will soon recognize that they can get a better value
elsewhere.
The Importance of Early
Activity
As soon as a home comes on the
market, there is a flurry of activity surrounding it. This is a crucial time
when Real Estate Professionals and potential buyers sit up and take notice.
If the home is overpriced, it
doesn't take long for interested parties to lose interest. By the time the
price drops, a majority of buyers are lost.
Real
Estate Careers in Atlanta
America's
Network Realty Group Inc.
is looking for dynamic, resourceful, innovative and reward-seeking
professionals. Our team includes experienced and motivated self-starters who
thrive on the excitement and energy of a start-up environment. If you are an
accomplished professional with a good sense of humor and a resourceful
"can-do" attitude, we would live to talk to you.
VARIOUS REAL ESTATE SEARCHES IN THE TOP SEARCH ENGINES
AND DIRECTORIES
Real Estate on Google,
Home Buying on
Google,
Homes for Sale on Google, and
Real Estate Listings on Google.
Real Estate on
Yahoo, Home
Buying on Yahoo,
9 Buyer Traps
and How to Avoid Them
No matter which way you look at
it buying a home is a major investment But for many homebuyers, it can be an
even more expensive process than it needs to be because many fall prey to at
least a few of the many common and costly mistakes which trap them into
either:
GEORGIA
LAND FOR SALE
Georgia and Georgia
Mountains Land For Sale Resources – Our Georgia Land For Sale
service is available to all our users. To see the list of land available for
sale in Georgia, just select the land /farm link on your left side
and query for any county, you will see the number of listings currently
available.
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