Page 8 - NV_DTA_Seller_Guide
P. 8
Determining Property Value
Arriving at the right price for your property can better assist you in making an informed
is crucial. While no seller wants to give the decision as to the pricing of your home to meet
property away, it shouldn’t be priced so out of your particular needs.
proportion that it will not catch the attention of
potential buyers. Purchasers in the market quickly come to realize
values having seen a few properties with different
Arriving at a realistic asking price is far easier amenities, so consider carefully before making
with the in-put of a REALTOR who is familiar the decision to ask more for the house than you
®
with property values and market trends, as well really want or what properties are selling for in
as your competition within the marketplace. the neighborhood. Even though you may think
They know it because they regularly preview you’re giving yourself negotiating room, if the
homes for sale as well as those which have price is not realistic, a prospective Purchaser
sold. REALTORS will provide you with enough may never see it simply because it is priced so
®
information in the form of comparable sales high. A home priced too high may actually cost
(Which will compare list prices of properties you money when it’s reduced over and over
to actual selling prices for the properties). In again in order to entice a Purchaser.
addition, they will also provide information
about houses which were listed but for some Arriving at a realistic asking price is far easier
reason did not sell ( Listing expired because with the input of a REALTOR who is familiar
®
of condition or high price). This information, with property values and market trends, as well
along with their unbiased, objective opinion, as your competition within the marketplace.
08
