Step 2: How you can best determine a price

Your reasons for selling and the speed with which you wish to accomplish your goals are important in determining the price for your house.

   

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"Everywhere Otter be like here", a small photo of an otter. Photo by Bill Hutchinson of EagleStation.com

 

Step 2 - Pricing Strategy

Properly pricing your house is the key to meeting your objectives in selling it.
Your next objective is to consult with your OzarksHome.com team to determine the best possible selling price of your home. You will need to take into account the state of the local market, the condition of your home, and sales of comparable homes in your neighborhood. They will create a comparative market analysis by taking into consideration the type of market you are in and recent sales of comparable properties. Your team member will then guide you to the best fair market price that will help sell your home within your desired time frame. Usually, real estate agents have a clearer and more objective sense of market value than anyone else- including appraisers!

Often, it can be hard for you, as a seller, to also maintain objectivity, so remember to be reasonable about the price you set. You will always be better off setting a fair market value price than setting your price high expecting that someone will come along and be willing to pay it. If your home stays on the market too long because it is overpriced, potential buyers may think that something is wrong with it and you may end up selling it for less than what you could have gotten if you had started out with a realistic asking price.

 

E-mail us with your questions anytime—we guarantee you'll get a personal answer from us within 24 hours. Or call and come have a cup of coffee with us. We promise you'll be glad you did!

Larry and Marilyn Daniel, REALTORS® Toll Free 1-800-743.4476 ext. 7117

Murney Associates, 620 W. Republic Road, Springfield, MO 65807 1-417-882.6222

©2002 OzarksHome.com, Larry Daniel two orchids once grown by Marilyn Daniel and photographed by Larry Daniel

 

 

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