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Picking the Right Price when You List Your Home

Posted by Breckenridge Associates Real Estate on Sunday, August 7th, 2016 at 2:46pm.

No one wants to leave money on the table.

We've all heard the stories about the fortunes made in real estate- and there is such a thing as a make-me-move price. But what if you truly want to sell your property in a timely and efficient manner? Then all the factors matter- marketing, curb appeal, staging, and of course- price.

When buying a property, we all start with a price range. Active buyers are doing the same- so your property must stack up against everything else that is not just currently on the market, but also properties that have sold in the recent past. Not just for the purpose of appealing to the buyers sense of value- if a purchase is going to be financed with an underwritten loan, part of the approval process includes looking at comparable recent sales- comps. Just as you don't want to overpay for well, anything- the bank doesn't either. So, if the agreed upon price cannot be substantiated, the entire deal can fall through. And who needs that heartbreak?

We understand the temptation to pick a sale price out of the air and see what the market will bear, but we also know the power of a well priced and perfectly positioned property hitting a hot market like Summit County's. This is where an experienced Realtor, like each of the owner/brokers at Breckenridge Associates Real Estate, is so valuable. We know the market, and will investigate recent sales to help you make the best deal- whichever side of the transaction you are on. Our 80% return and referral clientele are the strongest proof we can offer in support of our excellent deal making, and the metric we are proudest of when we take measure of our success.

 

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