December 26, 2008

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.  Be sure to listen to your real estate agent and what they have to say.  Sellers can worry about listing their home too low but another concern they should always consider is being the top priced house and potentially scaring away potential buyers.

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.

Take a look at my market report for today!
http://www.ryanvaught.com/chicomarketreport

Currently Ryan has about 40+ listings in inventory, and is on track to sell over 40 homes in 2008. Please don't hesitate to contact me with any questions about Chico area real estate.

Interested in learning more about the Chico area or Ryan?
Vaught Properties: Chico Income Property
Chico Condos: Chico Condo Sales
Ryan Vaught: Ryan's Residential website
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Ryan Vaught Real Estate
Keller Williams Chico CA
Office Phone: (530) 343-2959

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Ryan's Properties For Sale   Page 1 of 4 Compare Favorites 000 Grubbs Rd, Oroville $2,600,000         Small acreage residential homesite development land located in Oroville. This parcel has 194 acres of rolling residential acreage currently zoned low density residential with ... More Information on 000 Grubbs Rd 2050 4th Street, Thermalito $795,000     6100 Sq. Ft.   Quality bank owned commercial property with a great location. Parcel is 1.39 acres. Potential uses of property include boat, RV or auto dealership, mechanic shop, tire shop an... More Information on 2050 4th Street 1454 Broadway St, Chico $550,000   4 Bedroom 4 Bath 3600 Sq. Ft.   Turn of the century historic Diamond Match Company Victorian home on the historic registry. Qualifies for historic tax reduction. The home is in near original condition with i... More Information on 1454 Broadway St 477 Southbury Lane, Chico $500,000   4 Bedroom 3 Bath 2806 Sq. Ft.   Welcome to your new spacious home with custom floor plan, loaded with extra features such as Italian tiles, walk-in pantry, cherry wood raised panel cabinetry, stainless steel... More Information on 477 Southbury Lane 408 Paseo Companeros, Chico $445,000   3 Bedroom 2 Bath 1806 Sq. Ft.   Beautifully Remodeled 3 bedroom 2 bath home on close to an acre in town! Spacious kitchen with granite countertops, stainless steel appliances, eating bar and adjacent built i... More Information on 408 Paseo Companeros 11767 Butte Creek Island Rd, Chico $419,000   3 Bedroom 2 Bath 1612 Sq. Ft.   Take a deep breath and enjoy every minute in this beautiful rural setting and fine home with acreage. This home is located about 15 minutes from Chico, just off of Honey Run R... More Information on 11767 Butte Creek Island Rd 60 Glenview Way, Oroville $399,000   3 Bedroom 2 Bath 1729 Sq. Ft.   Beautifully maintained home. There are great features including a newer roof, HVAC, granite counter tops, granite around the fireplace, and new paint. This home is in great co... More Information on 60 Glenview Way 1869 Rose River Ave, Chico $349,000   3 Bedroom 2.5 Bath 1994 Sq. Ft.   One of the best lots in heritage oaks! This home is facing beautiful natural landscape making it feel very private. A great location with easy access to trails leading to Bidw... More Information on 1869 Rose River Ave 1814 Feather Ave, Oroville $275,000   3 Bedroom 2 Bath 1622 Sq. Ft.   Pristine 3 bed 2 bath home on a corner lot. Owner spared no expense with amenities such as 16" Italian tile throughout the home, stainless steel kitchen appliances, custom pai... More Information on 1814 Feather Ave 3249 Myers Street, Oroville $260,000     2448 Sq. Ft.   Investors crunch your numbers. This property consists of a triplex and single family home. Gross rents are about $2000 per month. Home has a newer roof, appliances, water heat... More Information on 3249 Myers Street