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.
"Michelle helped my husband and me through our home purchase in Sun City Lincoln Hills with total professional guidance and support. She listened to our concerns and needs for this purchase and found us our perfect home. Michelle, with the help of Nick, are the very best REAL ESTATE PROFESSIONALS we could ever have imagined finding. We both are truly grateful for their friendship and our positive home buying experience."Bernard and Anne B.
"Our experience when selling our home was very pleasant. Michelle was knowledgeable and well prepared and patient. She was very much appreciated!"Bob and Carmelina
"You were really fantastic to work with and we wish you and your son only the best. If you are ever in the Boise area, please come and visit." Tom and Paulette M.
"Susan and I went out to have a celebratory dinner and over drinks we both agreed: You are the greatest!!" Gary and Susan J.
"Michelle is extremely professional and well prepared. At my first meeting with Michelle to sell my Mother's home, she came prepared with marketing materials, information about herself, the current market conditions and details about my Mother's home. She provided advice as to how best sell this house and had all the trades people we would need to get everything done to sell the house for the best possible price. After the estate sale, she made all the arrangements with the trades people and the photographer before listing the house. The house was listed and that weekend, Michelle had a Open House on both Saturday and Sunday. 22 days later, we closed escrow!!! Michelle was a pleasure to work with. I will not hesitate to use Michelle for any future real estate needs nor to recommend her to anyone who may need a Realtor who really knows the Sun City Lincoln Hills real estate market." Jerry and Kathryn R.
"I appreciated your professionalism and great timing in initiating the sale of my home. It was an easier process than I expected, and am pleased with the outcome. Thank you for your thoughtfulness."Beverly L.
"Michelle did a great job handling the sale of our home and purchase of another. She was on top of all the details every step of the way including all the paperwork!! Less stress for us, so appreciated!Ray and Arlene C.
"Michelle did a fantastic job in selling our mom’s Sun City home. We live out of the area and were not able to be present during the sale process. Michelle has an extensive network of contacts who were available to provide all the services we needed. All of them did a great job. As did Michelle. She sold the house on the first day. Thank you Michelle". Steve and Vivian C.
"Thank you for your level of professionalism that you showed during the sale of our home. You are a beautiful person and your caring helpfulness will be remembered with great appreciation."Steve and Kathy P.