Danbury Real Estate Blog

How Do We Set The Asking Price For Selling Your Home in Danbury,CT

November 23rd, 2018 3:37 PM by Jonathan Hall

There are several hings to come into play when you decide to sell your home in the Greater Danbury area You, the seller, have to make the decision to where we should list the house for, in terms of the asking price. As an experienced real estate agent in the area, I have seen clients tyr to shoot themselves in the foot by either testing the market at a value at this unrealistically high or think their house is actually worth less than what it should be.

So how exactly do we come to the setting your sales price

-Evaluating Your Property:Each home is different. You have your own positive features that might attract a certain buyer. You may have some potential challenging issues that may be to be reflected upon in the asking price. I will generally need to see your home, take some pictures/notes and get back to you about setting an appointment to narrow down a price.

-Detailed Review Of Current Active Properties And Those Under Deposit: We will see what the other homes have to offer,. How long have they been on the market for. Have the sellers had to reduce their price? What condition are they in? If they've been trying to sell for a long time, it doesn't matter what their current price is,we need to see we can do for you.

-Consideration of Those Which Have Sold: We ill carefully review the sold homes. For example, how does their space & condition compare? When did they sell & did they have to adjust their asking price. Do you have things that you don't have or vice versa? Look at what has sold in the last 6 months, and specially in the last 90 days, as that is what buyer's agent will use when advising on a bidding strategy & bank appraisers will use when we get to that point in the sales process.

-Market conditions and your time frame/motivation: Only you know how motivated your are to sell. The market does tell us how things are going. I can read market activity by experience & can give you an idea of after how many showings & days on the market that an acceptable offer should come in. We can also discuss where you can to end up after negotiations on a price.

If you are considering selling selling your home in the Greater Danbury,CT area, please contact me for a personal appointment at 203-417-0523 or send me an email.You can also get a free, no obligation automated price opinon on my website. I look forward to hearing from you.

Posted in:selling home danbury ct and tagged: Selling Home Danbury sellingpricedanburyct danburyctrealestatecondos

Posted by Jonathan Hall on November 23rd, 2018 3:37 PM

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How Do We Set The Asking Price For Selling Your Home in Danbury,CT

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