Setting a Sales Price
Setting a sales price for your Tucson, Arizona (AZ) real estate property is the most significant part of putting your property on the market. Too low and you will leave a lot of money on the table, while too high and you will never sell it regardless of how much marketing is spent on promotion. The goal is to price the Tucson (AZ) property at the highest point that the market will bear, taking into consideration the current underlying market trend. If homes are taking longer to sell, trying to test the neighborhood high may not be as easy as when the homes are flying off the shelf. To decide where the "market" price is, there are many ways to find the information. Ask a real estate agent. Their information will be the most complete and the most accurate. This is the only real way to truly assess the current market data. Other ways to find values are various internet sites, public records, and as always, you can hire an appraiser to come out to appraise your property (typically $300-$500). This is a very good way to evaluate your property, but you must pay up front for the service. If you are interested in finding the approximate property value, Michael Oliver offers a free Competitive Market Analysis (also known as a CMA) to give his opinion on your home's current market value. This information should be heavily weighted due to the importance it will have in how fast (or if) your home sells. Michael is always available to help clients and people that are considering selling their Tucson Arizona (AZ) property. If you would like to ask general questions or obtain more information about "setting a sales price" please complete the questionnaire at the bottom of the page. Thank You. |
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