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Difference between an Asking Price and a Selling Price

Reblogger Charles Stallions
Real Estate Broker/Owner with Charles Stallions Real Estate Services 610125

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Sellers Flat Fee of $2995 when one of our agents sells your home or if you want MLS (where you home is available for all Real Estate Agents to sell) then the best program TODAY is $1495 to us +3 % offered to Buyers Agent for bringing the buyer.  When you understand how agents work you will clearly see why we sell 94% of our homes at or above asking price and why REAL ESTATE AGENTS would rather sell our homes than anyone else’s. The Real Estate Agent gets paid more and the seller saves over 63% on average.

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Original content by Kamal Salim 3100213

Setting the Price

The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.

Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:

  • houses in your price range and area that were sold within the last half-year
  • asking and selling prices of houses
  • current inventory of houses on the market
  • features of each house on the market

From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.

Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.

Always be realistic. Understand and set your price to reflect the current market situation.

Kamal Salim
Team Kamal - 12 Agents for the price of 1
Keller Williams Properties
1625 N. Commerce Parkway, Suite 207
Weston, FL 33326

Cell:         954-297 3630
Office:     800-962-0574
Fax:        800-659-9702
E-Mail:     info@kamalsalim.com
Website:  www.eleganthomesforsale.com 


Find out how much your home is worth

Google Kamal Salim, Weston Real Estate, Elegant Homes for Sale, Weston, Florida, Pembroke Pines, Davie, Lighthouse Point

Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Great Reblog.  Homes that are priced right sell fast and for more than those priced poorly.  

Apr 29, 2012 02:28 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I'm not the biggest believer in location, location, location. No matter what the location, if the property is not priced correctly, the location doesn't matter, but price, price and price makes all the difference in the world.

Apr 29, 2012 09:20 PM
Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

The price is right is what often gets the home sold. Excellent reblog!

Apr 29, 2012 10:09 PM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Hi Gene and truer words were never more clearer

Joe I agree but price is king IMHO

Emily it is where all sales start

May 01, 2012 02:27 AM
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

EXPERIENCE the DIFFERENCE…

Call 800-309-3414 for Joyce Kelley CBR, CBA, Buyers Agent for Charles Stallions. I only work with buyers and tenants so you get my undivided attention.

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May 14, 2012 12:33 PM
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

 

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Property Management for $50 Flat fee monthly

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Jun 12, 2012 12:19 PM