CLICK HERE TO RECEIVE A FREE MARKET ANALYSIS FOR YOUR HOME

Please contact cody@burnettrealestateteam.com for a highly accurate evaluation.
All information is held confidential.

NATURALLY, EVERYONE WANTS TO GET THE BEST PRICE POSSIBLE FOR THE SALE OF THEIR HOME. But if you start out with an aggressively high sales price, then have to drop it later — your house becomes “old news”. First impressions are everything, and it will be difficult to recapture that new-to-market frenzy of initial interest you might have had with a more realistic price. As a result, your house could take longer to sell. Much longer.

IF YOU ARE ABLE TO SUCCESSFULLY SELL at an above-market price in your contract, remember that your buyer will likely need to get a mortgage. The mortgage lender will require an appraisal, and if comparable home sales over the last six months and current market conditions don’t support your sales price, then your buyer won’t get the mortgage terms they need. Your deal can fall apart. By then, it’s often too late to renegotiate a price, and your house will have to go back on the market.

IF YOUR HOME HAS BEEN TAKEN OFF THE MARKET and comes back on, or if it sits on the market too long, it becomes harder to get a top offer. Prospective buyers will believe that you might be feeling the pressure to sell quickly and, as a consequence, will make even lower offers. The irony is that overpricing your home at the onset may end up giving you a lower price than you might otherwise have received!

Setting the right price the moment you list your home for sale will save you from facing these problems later. The question, of course, is: what is the right price?

Enter the Comparative Market Analysis

The best way to establish your selling price is to get a professional assessment made in advance called a Comparative Market Analysis (CMA). An experienced REALTOR® with current knowledge of the local market will help you establish a price range by researching recent sales and finding accurate comparable properties (comps).  Based on compensating factors such as neighborhood, condition, and unique features, your agent will help you set your selling price somewhere within that range. This almost always results in a much faster sale for the highest possible offer.

Curious What Your Home is Worth?

Fill out the form below to get your free, no-obligation Comparative Market Analysis. One of our experienced listing agents will be in touch with you promptly to gather any additional details, then present you with a hard copy for you to keep. Similar assessments can cost $400 or more, so even if you don’t plan to sell at this time, it is in your interest to get one for such things as insurance and financial planning purposes. We look forward to serving you!

Please contact cody@burnettrealestateteam.com for a highly accurate evaluation.
All information is held confidential.