The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.
Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:
houses in your price range and area that were sold within the last half-year
asking and selling prices of houses
current inventory of houses on the market
features of each house on the market
From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.
Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.
Always be realistic. Understand and set your price to reflect the current market situation.
Renee How can I thank you enough for the wonderful job you did for me in selling my home. You were highly recommended to me by a mutual professional acquaintance in Charleston. The job you did for me exceeded all my expectations. Your professional expertise was obvious every step of the way. Your knowledge of the Charleston real estate quickly earned my full confidence and respect and my faith in your never waivered throughout the entire process. “Poole” William A. Davis DMD
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity(SM) Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Iron Gate Realty are marked with the Broker Reciprocity(SM) logo or the Broker Reciprocity(SM) thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2019 Charleston Trident Multiple Listing Service, Inc. All rights reserved.