An important part of your marketing plan should be setting the listing price. If a property isn't priced high enough you won't achieve optimal profit, potentially losing out on thousands of dollars. Conversely, if a property is priced too high then you may scare away all of your potential buyers. To determine the optimal listing price you should look at similar houses in your area that have recently sold as well as houses currently on the market. At Century 21 Affiliated Greenwood we are trained to use many pieces of information to determine the right asking price.
There are also other terms and conditions that you can discuss with us that may help play a role in selling your house. There are many ways to make a property more attractive to potential buyers, and we can show you how. Here are some more factors that you should consider before determine a listing price.
- Location: As they say, location, location, location. This factor plays a very big role in determining what you can get for your property.
- Condition: Houses that are in good condition and have regular maintenance performed will fetch a higher price than properties that have been neglected.
- Desirable Amenities: Stainless steel appliances, hardwood floors, and other "in demand" amenities will increase the price you can get for your property.
- Price per Square Foot: Although you shouldn't rely solely on this number, it will give you a good idea of what your property is worth, look at what other houses price per square foot are and do the math.
Finally, a formal written appraisal can really help your if you have a unique property that has features not normally found in similar properties. An appraisal is also helpful if there is any debate about listing price or if there hasn't been much activity in your area lately. Appraisers will take many factors into consideration including proximity to public facilities and schools, general location, size of lot or land, plus much more.