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Pricing >Price and Condition

Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.

If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.

Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.

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Q	What is the world's tallest monument?
A	The stainless steel Gateway Arch in St. Louis, MO, designed by architect Eero Saarinen and costing $29 million to build, is 630 feet high.
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Ron Thorne, REALTOR®, real estate agent and broker for Denver, Conifer, Lakewood and Littleton Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Ron Thorne, CRS
Keller Williams Advantage Realty
PO Box 179
Pine, CO 80470
303-880-8984
Toll Free: 800-846-7653
ron@thornehomes.com
CRS - Certified Residential Specialist

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