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Real Estate Tips
Pricing >Competitive Pricing

You have seen it all over the years--interest rates rise and fall, sales prices escalate and decline. No matter what phase the market is in, it is always important to price your home in your area competitively. How can you price your home with confidence?

The first step is to contact a professional real estate agent for a comparative market analysis. The agent will look at recent sales of comparable homes in your area and give you information about other properties that are currently on the market. By comparing the size, location and condition of your home to the competition, your agent can help you determine how much to ask for your home. Even in an active market, an inflated price may frighten prospective buyers away. A house that is over-priced can take additional weeks or months to sell, and the final sale price may even be lower than if the sellers had started out more realistically. The price is based on market conditions, comparable sales, and your agents years of experience in the marketplace.

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Real Estate Trivia
Q 
What is one of the most unusually shaped buildings in the world?

A 
The all-suite Arabian Tower hotel near Dubai is 1,052 feet tall, built on a man-made island and shaped like a boat sail.
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OW Auction Group LLC, REALTORŪ, real estate agent and broker for Chicago, Oak Park and River Forest, Illinois home listings, property and land for sale

O W Auction Group LLC
Chicagoland Experts

5051 N. Clark # 1S
Chicago, IL 60640
773-313-3777
Fax: 866-929-2319
oneiamullins@BestImageAgent.com

Specializing in Auctions and Short Sales within the Luxury Market.


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