Seller's Guide
Competitive Pricing
Price is king, and the price and property location as well as condition sell properties. Real Estate market conditions determined by the demand of qualified buyers and the supply of similar competing properties will ultimately determine the best price obtainable for your property. These every changing market conditions determine the selling price, not the seller. This market derived price point will enable the sale of your property. A qualified buyer will probably not pay more for our seller’s property than what they would have to pay for a similar property with the same location, conditions, amenities and features.
Together our sales team members will compare our seller’s property to other similar properties utilizing the following metrics to provide our seller with a competitive price point:
- New and old property listings
- Overall inventory shifts
- Price adjustments or improvements to previously listed properties
- Average days on the market
- Number of showings
- Offers
- Recent transactions
- Properties currently in escrow
- Expired listings
