Pricing Your Home for Sale
When purchasing or selling a home, price is always a major factor. Location, condition, amenities etc., all play into the picture, but it generally boils down to what one is willing to accept “for the price.” In today’s market, home prices need to be more than competitive, they need to be compelling! How does one determine what “compelling” is? Steve Harney identifies 6 factors that must be considered when pricing a home for sale. They are:
- Demand
- Supply
- Interest Rates
- Employment Rates
- Foreclosure Inventory and
- Consumer Confidence.
Each category can be defined for your particular situation.
To find out how your home fits into these categories, contact me or your preferred agent.
Posted by: 
Karen Trepton
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