Real Estate Information

How to Price Your Property?


A house properly priced is half sold.
But there are plenty of ways to price it improperly..

* You can't go by what you paid for the place. Perhaps you bought two years ago when local prices were skyrocketing, and things have cooled off since. Perhaps houses like yours can now be bought for less, and if you hold out for what you paid, you'll just waste your time..

On the other hand, perhaps prices in your area have taken off, and you'd short-change yourself if you just tried to "get my money out" (but you'd have a fast sale.).

* You can't go by how much you've spent on improvements. A given street will support only a given price range. If you've invested so much that yours would be the most expensive house on the street, the buying public is not likely to reimburse you..

* You can't go by your tax assessment figure. Even in communities that aim at full-value assessments, the figures are almost never in line with what buyers are currently ready to pay..

So how do you price your house?.
By putting yourself in a buyer's shoes..
What else is for sale in the area? How does it compare with your house? How long has it been on the market? What has sold recently, and how much did the buying public value it at? What has failed to sell in the past year?.

Any good broker can furnish the data you need, often in the form of a chart known as a CMA, Comparative Market Analysis. .

And once you have it, again think like a buyer. What price would it take for you to look at a list and say to an agent "Take me to see that one"?.

Ajay Pats is a professional manager.He manages real estate broking site "Real estate broker"(http://realestatebroker.nexuswebs.net/realestatebroker/index.html ),community for home based business entrepreneurs "Venturecon/Home business opportunities" (http://groups.msn.com/venturecon ) and inspirational ezine "Discover secrets of happy and prosperous life " (http://www.topica.com/lists/venturemall ).


MORE RESOURCES:
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New York Times

What's Behind Door No. 2? Life as a Real Estate Reporter
New York Times
One of the Real Estate section's primary goals is also to capture what it's like to live in New York — including the unique challenges the city presents, Ms. Toy said. And to that end, there's the “Ask Real Estate” column, which addresses questions ...



Crain's Detroit Business

Real persistence: Men dominate real estate development, but women make inroads
Crain's Detroit Business
Men still dominate the field of real estate development. It's estimated that 68 percent of its positions are occupied by men. Yet women in Detroit, its suburbs and across the state have been making some inroads. Ten of them are featured in this section ...

and more »


Erie County Real Estate Transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Dec. 15, 2017. AKRON • 92 John St., Jph Holdings to William D. Adams; Keelin Brady, $147,000. ALDEN • 11559 Cary Road, Andrew ...



Montgomery County real estate briefs: Week of Jan. 21
Montgomery Newspapers
David J. Caracausa has been a member of the Counselors of Real Estate (CRE) since 2013. This elite group and prestigious organization consists of only just more than 1,000 members worldwide. They are recognized for their commitment to excellence ...



Real estate transfers for Jan. 21, 2018
Roanoke Times
Breene, Louise B. to Christopher A. Stevens and Robyn E. Sharkey, 178 Houston Ave. S.E. Roanoke VA 24012, $137,000 01/03/2018. Callis, Tracy G. to Mill Mountain Investments LLC, 2502 Creston Ave. S.W. Roanoke VA 24015, $103,000 01/05/2018. Habitat for ...



The Register-Guard

For Lane County's real estate market, 2017 was a year of big Springfield deals
The Register-Guard
“We did see a little more activity in industrial” last year, said Clayton Walker, principal broker of real estate firm C.W. Walker & Associates. The 1.2-million-square-foot former Hynix plant is Lane County's largest industrial property, while the 320 ...



Bangor Daily News

Bangor real estate market 'generally healthy and stable'
Bangor Daily News
The Greater Bangor market for industrial, office and retail real estate is growing at a stable pace, with some exceptions. Vacancies at the Bangor Mall, Kmart, the former Verizon call center and former University of Maine System building are dampening ...



Bradenton Herald

Real estate transactions: Jan. 22, 2018
Bradenton Herald
$260,000 Mint Dental Real Estate LLC to Mint Dental One Real Estate LLC; Blake Dental Arts Unit F; Jan. 8. $259,990 Calatlantic Group Inc, Ryland Group Inc to Polito Philip, Polito Susan; Lot 74 Old Mill Preserve; Jan. 9. $255,000 Ala Fiduciary Inc ...



Real estate records, 01/21/18
Lincoln Journal Star
Ernst, Ryan C & Latta, Joni to Drueppel, Cassidy J & Beard, Meagan L, 2822 O'shea Dr., $261,500. Federal National Mortgage Association to Janssen, Sandra, 510 S 55 St., $112,000. Fischer, John H to Alkali, Denise Joy & Bello Ahmed, 2321 Nw 47 St., $147 ...



NWAOnline

REAL ESTATE TRANSACTIONS
Arkansas Online
Deltic Timber Corp to James V. and Terry J. Barnes and Promenade Hospitality LLC, Ls4-C & 4-D Tract 4, Chenal Valley, $3,441,798. Hanner Properties-Arkansas LLC to ATF Greenwood LLC, 140 John Harden Road/140 Marshall Road, Jacksonville. SE SE 24-3N-11W ...
5 acres in west Little Rock sell for $3.4M; new owners plan restaurant, hotelNWAOnline

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