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Real Estate Tips
Pricing >Price and Condition

Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.

If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.

Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.

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Real Estate Trivia
Q 
What famous example of post-colonial architecture is modeled after the palace of the Duke of Leinster in Ireland?

A 
The White House in Washington, D.C., begun in 1792 and burned by the British in 1814, was rebuilt in 1818 and restored in 1951.
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Melissa Butler, REALTOR®, real estate agent and broker for Charlottesville, Lake Monticello and Louisa, Virginia home listings, property and land for sale

Melissa Butler
Better Homes and Gardens Real Estate III

10046 Three Notch Road
Troy, VA 22974
Phone: 434-996-4529
Fax: 866-505-4235
Toll Free: 800-207-4684
melissabutler@BestImageAgent.com

"Guiding You Home"


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