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How to Price Your Property?


A house properly priced is half sold.
But there are plenty of ways to price it improperly..

* You can't go by what you paid for the place. Perhaps you bought two years ago when local prices were skyrocketing, and things have cooled off since. Perhaps houses like yours can now be bought for less, and if you hold out for what you paid, you'll just waste your time..

On the other hand, perhaps prices in your area have taken off, and you'd short-change yourself if you just tried to "get my money out" (but you'd have a fast sale.).

* You can't go by how much you've spent on improvements. A given street will support only a given price range. If you've invested so much that yours would be the most expensive house on the street, the buying public is not likely to reimburse you..

* You can't go by your tax assessment figure. Even in communities that aim at full-value assessments, the figures are almost never in line with what buyers are currently ready to pay..

So how do you price your house?.
By putting yourself in a buyer's shoes..
What else is for sale in the area? How does it compare with your house? How long has it been on the market? What has sold recently, and how much did the buying public value it at? What has failed to sell in the past year?.

Any good broker can furnish the data you need, often in the form of a chart known as a CMA, Comparative Market Analysis. .

And once you have it, again think like a buyer. What price would it take for you to look at a list and say to an agent "Take me to see that one"?.

Ajay Pats is a professional manager.He manages real estate broking site "Real estate broker"(http://realestatebroker.nexuswebs.net/realestatebroker/index.html ),community for home based business entrepreneurs "Venturecon/Home business opportunities" (http://groups.msn.com/venturecon ) and inspirational ezine "Discover secrets of happy and prosperous life " (http://www.topica.com/lists/venturemall ).


MORE RESOURCES:

Real estate records, 10/22/17
Lincoln Journal Star
Doane, Luke Charles & Margaret M to Sears, Christine A & Bader, Bruce M, 13640 Guildford St., Waverly, $171,000. Domo LLC to Rojas, Fabian & Montoya, Ibeth, 920 Rose St., $173,000. Dove, John to Nelson, Craig A, 930 N 66 St., $135,000. Draper ...



Real estate transfers for Oct. 22, 2017
Roanoke Times
Local Office On Aging Inc. and League of Older Americans to 706 Campbell Ave. S.W. LLC, 706 Campbell Ave. S.W. Roanoke VA 24011, $500,000 10/06/2017. Molera Holdings LLC and Limekiln Holdings LLC to AVE Roanoke LLC and AVE RET Condo II ...



Housing Isn't Just About Real Estate | Seeking Alpha
Seeking Alpha
The National Association of Realtors (NAR) reported today that sales of existing homes (resales) were up slightly in September 2017 on a monthly basis.

and more »


Erie County Real Estate Transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Sept. 15,2017. AKRON • 57 East Ave., Cassandra A. Nicholas; Michael A. Nicholas to Edna M. Scherf; Kevin J. Scherf, $200,000.



Niagara County Real Estate Transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk's office for the week ending Sept. 1, 2017. LEWISTON • 4072 Calkins Road, Hathaway A. J; August J. Hathaway; Barbara Hathaway; Barbara G. Hathaway; ...



Chronicle Telegram

Real estate sales up in Lorain County
Chronicle Telegram
ELYRIA — The Lorain County real estate market is on track for a record year as more properties are selling for higher prices, said county Auditor Craig Snodgrass. He said that as a result he likely will raise the estimated revenue for his office by ...

and more »


Charleston Post Courier

Real Estate items
Charleston Post Courier
The new associates are Meghan Chipley, Farrah Follmann and Chris Gatto. "We are incredibly fortunate to add three exceptional and experienced real estate agents to our team," says Helen Geer, president and broker-in-charge at William Means Real Estate.



Montgomery County real estate briefs: Week of Oct. 22
Montgomery Newspapers
Born and raised in Philadelphia, purchasing her first home in Lansdowne in June 2015 ignited Jasmin Johnson's interest in the real estate business. In May 2017, Johnson began real estate courses at Temple's Real Estate Institute. Upon successful ...



National Review

Mortgage Interest Tax Deduction & Real Estate Lobby | National ...
National Review
The real-estate lobby's criticism should be ignored for the benefit of all ...

and more »


The Columbus Dispatch

Real-Estate Report: More higher-income people choosing to rent
The Columbus Dispatch
A new report helps explain why Columbus and the rest of the nation are seeing so many new high-end apartments. The study, by New York University's Furman Center, concluded that more affluent households are opting to live in apartments than before the ...


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