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 Your
next objective is to consult with your real estate agent to determine the
best possible selling price of your home. You will need to take into account
the state of the local market, the condition of your home, and sales of
comparable homes in your neighborhood. He or she will create a comparative
market analysis by taking into consideration the type of market you are in
and recent sales of comparable properties. Your agent will then guide you to
the best fair market price that will help sell your home within your desired
time frame. Usually, real estate agents have a clearer and more objective
sense of market value than anyone else- including appraisers!
Often, it can be hard for you, as a seller, to also maintain objectivity, so remember to be reasonable about the price you set. You will always be better off setting a fair market value price than setting your price high expecting that someone will come along and be willing to pay it. If your home stays on the market too long because it is overpriced, potential buyers may think that something is wrong with it and you may end up selling it for less than what you could have gotten if you had started out with a realistic asking price. We are currently experiencing a buyer's market in the Atlanta area. What that means is simply that there are many more properties for sale than there are buyers ready and willing to purchase them. That makes it all the more important that your agent is experienced and capable of pricing your property for exposing it to the maximum number of prospective purchasers! |
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All
content, including text, original art, photographs and images, is the exclusive
property of Coweta Fayette Real Estate, Inc., and may not be used without the
expressed written permission of Coweta Fayette Real Estate, Inc. Copyright
2003-2004. Coweta Fayette Real Estate, Inc is an associate broker of Keller
Williams Realty Professionals, Peachtree City Georgia 30269 and serves Coweta
County, Georgia and Fayette County, Georgia.
