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FREE Comprehensive Market Analysis
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HOW MUCH IS MY HOME WORTH? The correct selling price of a home is the highest price the market will bear. To assist you in determining the correct asking price I can provide you with a free comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood. With my professional and easy to understand market analysis, you will be able to attract the buyer you are looking for and sell your home in the shortest time possible.
The Right Selling Price Affects Your Bottom Line When selling your home, the price you set is a critical factor in the return you will receive from a final sale. This is why you need a professional evaluation from an experienced Realtor who is an expert in your local market. As such a person, I can provide you with an honest assessment of your home based on several factors, including:
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Current market conditions
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Condition of your home
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Amenities and location
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Repairs and/or improvements
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Time frame
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Buyer financing considerations
If the price of your home is too high, several things often happen:
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Limits buyers. Potential buyers may not view your home, because an inaccurate price puts your home out of their price range.
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Limits showings. Other Realtors may not be interested in showing your home if they feel the price is unrealistic.
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Used as leverage. Other Realtors may use your home as an example why their buyers should purchase other homes that are better priced.
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Extended time on the market. When a home sits on the market too long, it may become stigmatized and perceived as defective. Buyers and Realtors may wonder, "What's wrong with this home?" or "Why hasn't it sold?"
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Lower Price. An overpriced home, which ends up sitting on the market beyond the average selling time, often results in a lower sales price. To sell such a home you will have to reduce the price, often several times, in order to generate interest from buyers. In the end, you will probably end up selling your home for less than if it had been priced correctly from the start.
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Wasted time and energy. Selling a home is a big endeavor and no one enjoys the added stress and uncertainty of having a home languish on the market unnecessarily because it has been overpriced.
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Financing problems for buyers. Because most buyers need financing to purchase a home, they will need to have an appraisal done for their lender before a loan is made. If the asking price is too high, the appraiser may discount the value to come in line with the current market, and this could impact whether a buyer can get the loan needed to purchase your home.
To get started with your comprehensive market analysis, simply enter your criteria below, and I will provide you with a quick response. The more information you provide, the more accurate the evaluation will be. All information you provide is secure and will be kept strictly confidential. This is a free service and there is no obligation on your part. Please indicate when you are thinking of selling and if you are moving within Chico or Butte County or relocating outside of the area.
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