Banning California Home Pricing - How to Price My Banning Home For Sale
Are you considering selling your Banning home but you're wondering what a good list price would be? The Banning real estate market is a moving target. What a Banning home sold for last year is different from what it could sell for now- think of Banning home prices like how a company's stock price fluctuates.
Banning Home Pricing Step 1:
Do your homework. There are a ton of resources online for real estate buyers and sellers like Google, Zillow, Trulia, our website at Garrigus Real Estate, etc.. Find home listings currently for sale and compare them to yours. Is the comparable Banning home close to yours? Is the square footage of the Banning listing close to yours? Is the square footage of the lot similar? Are the approximately the same number of rooms, including bedrooms, bathrooms, etc..
Banning Home Pricing Step 2:
Be honest. Use a scale of 1 to 10. Rate the condition of the Banning listings you've found from 1 being very poor condition, to 10 being excellent condition. Then try to rate your Banning home the same. If your home is in better condition than another Banning home for sale, then your Banning house should be priced higher, and visa versa.
Banning Home Pricing Step 3:
Contact a few Banning Realtors and ask them to price your home. Why? First off, the instructions above are a simplified way of doing a CMA, or a Comparative Market Analysis. A Banning real estate agent can more accurately perform one of these using their training and experience. Also, even though sold homes and prices are public knowledge, this information is more difficult to find for someone not in the real estate industry, but Banning sold homes information is just as valuable, if not more valuable than current Banning homes for sale for pricing your Banning home.
Also, there are other terms and conditions of Banning home listings and sales that need to be considered when pricing, like concessions and contributions of a sale. This is where the expertise of a skilled and competent Banning Realtor is invaluable.
Most Banning real estate professionals will provide a CMA of your Banning home free of charge. If they do try to charge you, find a different Banning agent.
Feel free to call us anytime with questions
or if you'd like our help pricing your Banning home:
Call: (888) 9-List-It
That's (888) 954-7848