What Can Affect Your Asking Price?

 In Selling Real Estate, Selling Your Home

As a seller, your goals are to attract buyers, sell as quickly as you can, and get the most money possible for your home. But how do you know where to start to determine your asking price?

Price is a primary factor that most buyers use to determine which homes they will view. Although you are the seller and ultimately set the asking price, home buyers will determine the value of your home.

Factors That Can Affect Your Asking Price

Urgency

Are you on a strict timeline? How quickly do you need to sell?

Competition

Are there a lot of homes for sale in your area, and in your price category? Or is your home only one of a few?

Available Financing

What are the current home loan interest rates?

Competitive Market Analysis

Do you know what similar homes have sold for in your area in the last six months?

Expenses

What are your closing costs?

 

How Do You Determine Your Asking Price?

Our team of experienced REALTORS® are well-versed with the Georgian Triangle real estate market and can help guide you through the selling process, including setting a strategic asking price to help you meet your selling goals.

Find out what your home is worth in today’s market

Recommended Posts