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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Beach West Realty Corp. 880 West Beech Street
Long Beach, New York 11561
Office: (516) 889-7500
Fax: (516) 432-3922 BeachWestRealtyCorp@Gmail.com
Tony....Thanks for all of the time we spent looking at places on-line and then all the time we spent on the road looking at houses. Your knowledge of engineering and your experience were an incredible plus for me while I was looking. Your know how prevented me from closing in on any bad choices and I cannot imagine having Peter G.
In all our dealings with Realtors over the past ten years, we have never met anyone as kind, helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced, caring Realtor who gets things done! Thanks for taking such good care of us!
Bryan & Yvonne Carpenter, Long Beach, New York
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Multiple
Listing Service of Long Island, Inc.
Listing information provided courtesy of Beach West Realty Corp. Real Estate listings held by brokerage firms other than Beach West Realty Corp are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2019, Multiple Listing Service of Long Island, Inc.