By Comparison
To best help them set a realistic listing price, Real Estate Agents and sellers must take into account the value of "comps". This term refers to comparable sales prices, preferably of similar homes within the seller's own neighborhood. In fact, the three most important elements with regard to finding acceptable comps are area or location, comparable amenities in homes, and sizes of homes. Real Estate Agents know how to read and understand comparable sales data and use this information to help determine the proper market value of a property. Perhaps no other step in the selling process is so critical to best assuring a sale. Unless a home is attractively priced, it will not draw offers.
Hint: If sellers set the listing prices of their homes too high, they will be bypassed by prospective buyers who wrongly believe that they cannot afford them.
As a Realtor and Principal Broker of VantagePoint Realty, I am dedicated to assisting you in your real estate needs and desires. Let my years of experience benefit you!
Call me to arrange an appointment. My office is conveniently located. I look forward to working with you.
Call Stephanie at 518-392-8484
and visit us at our website at:
or e-mail me at:
Stephanie@ColumbiaCountyHomes.com
