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Establishing Your Selling Price
Pricing strategy depends on the market conditions at the time your home is put up for sale. A well-priced home often sells quickly once it's put on the market. When your home is priced right from the outset you maximize your opportunity of reaching the most qualified buyers.
There are 2 basic methods to setting the selling the price:
1.) Contract with a local residential appraiser to calculate the price Appraisers can be found in your local Yellow Pages Directory under Appraisers, Residential
2.) Complete a CMA (comparable market appraisal). A CMA can also be done through a contract with a local realtor) A CMA is performed by comparing your house with other houses in your neighborhood of the same style age, size and with the comparable features. (i.e,. landscaping, curb appeal, vaulted ceilings, swimming pool, flower gardens, view, etc.)
Sources to find the values for performing your CMA are: Your local county government offices. records of home sales. also a local Title company may be able to help you by providing recent sale prices of homes in your neighborhood. And finally, current listings of homes for sale in your neighborhood. newspapers, home magazines, or the internet.
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