Before we set the sales price of your house, I'll run a Comparative Market Analysis (CMA) that will show the listing price of similar houses in the area as well as the prices at which the houses actually sold. Additionally, the analysis will give us information about houses currently on the market and about houses that were on the market but never sold.
Next, I'll ask you about your goals in selling the house. Everyone who sells a house has different goals that need to be factored in when calculating the selling price.
Is your goal to get the maximum sales price for your house?
If so, are you willing to have your house on the market for many months?
Is your goal to sell your house quickly?
If so, are you willing to sacrifice some of your potential profits to sell more quickly?
Would you like to establish a balance between selling your house quickly and selling at the top end of market value?
Market conditions will play a role in setting the sales price of your house. I'll factor in how quickly houses are selling in your area, interest rates, the location of your home versus comparables, and finally whether it is a buyer's or seller's market.
The ultimate decision is yours to make. I will guide you with facts and experience to help you decide on a list price aimed to achieve your goals.
Bev Horbay is a Real Estate Agent licensed in the province of Alberta, registered with Royal Lepage Community Realty of Medicine Hat and serving surrounding communities.
Beverly Horbay Royal Lepage Community Realty 1202 Southview Drive S.E. Medicine Hat, AB T1B 4B6