When you're selling your home, land or business, the price you set is a critical factor in the return you'll receive. That's why you need a professional evaluation from an experienced realtor. I can provide you with an honest and realistic assessment of your property, based on several factors including:
Market conditions and comparables for your neighborhood
Condition of your property
Repairs or improvements
Time frame
Commercial
Market
Comparables
Return on investment or Cap Rate, if income-producing
In real estate terms, market value is the price at which a particular property, in its current condition, will normally sell within 30 to 90 days.
If the price of your property is too high, several things could happen:
Limits buyers. Potential buyers may not view your property, because it would be out of their buying range.
Limits showings. Other salespeople may be more reluctant to view your property.
Used as leverage. Other realtors may use this property to compare against properties that are better priced.
Extended stay on the market. When a property is on the market too long, it may be perceived as defective. Buyers may wonder, “what's wrong,” or “why hasn't this sold?”
Lower price. An overpriced property still on the market beyond the average selling time, could lead to lowering the selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you'll probably get less than if it had been properly priced at the start.
Wasted time and energy. A bank appraisal is most often required to finance a property.
Realtors have known it for years - Well-kept properties, properly priced in the beginning always get you the more competitive sale for the best price! That's why I would like to be the professional to assist you in the selling of your home or property. Completing this Free Property Evaluation questionnaire will help me assist you. We have evaluation requests (CMA) for residential, land and commercial properties.
