How To Price My Fredericksburg Virginia Home to SellBlog Post Courtesy of Tim Crews, Team Leader of The Crews Team of Keller Williams Realty Fredericksburg
If you're a Fredericksburg homeowner and you're thinking of selling your Fredericksburg Virginia home in 2015, you may be concerned about what your Fredericksburg home is worth. You may also have concerns on understanding the market and how to price your Fredericksburg home to sell. There are several factors to consider before deciding your home's listing price.
Sold Homes in Your Community/Subdivision
The first step is to obtain a complete list of homes that have sold in your community over the past year. This will help assist you in understanding the trends and statistics behind current home values, and a good reference on how to price your Fredericksburg Virginia home to sell.
What is the List Price to Sold Price Ratio
There's a hidden secret in the world of real estate when it come's to home sales in Fredericksburg Virginia. The list price to sold price ratio is the ratio that explains what the average homes are selling for compared to what average homes are being listed at. For example, if a Fredericksburg Virginia home is listed for $100,000 and it actually sells for $95,000. That's a 5% discount on the sold price. The list price to sold price ratio is 95%... this mean that the owners gave away 5% or $5,000 during negotiations.
NOTE: When you hire a Professional Realtor to list your Fredericksburg Virginia home to sell, the first question you need to ask your Listing Agent is: "What is Your List to Sold Price Ratio"? The average Realtor in Fredericksburg Virginia has an average ratio of 94% based on the Fredericksburg MLS statistics.
Fredericksburg, Virginia Top Listing Agent
When you hire Tim Crews, Team Leader and Negotiation Specialist with Keller Williams Realty Fredericksburg you're setting your home sale up for success. We have a list price to sold price ratio of 100.2%. This means that during negotiations, we NEVER negotiate or give up our client's money during negotiations.
Real Life Testimonials of Home Seller Tim Crews has Helped Sell their Home