How to sell Real Estate Fast in any market!
Posted by: Roger L.
Welcome back to Roger Loesel Realty and www.sellingyourcolumbusohiohome.com
Last segment we talked about the most important factor to consider when selling your Columbus Ohio home. That is the perception of value ( click here to view http://http://www.youtube.com/watch?v=44SrnI015q4). Perception of value is what determines whether a house sits on the market or sells off the market!
Today I will talk about how we can create a perception of value in any market. When a house is priced at or better yet 3%-5% below the median sales price; ( In appraisal, the indicated price of a comparable property after adjustments have been made to account for differences between comparable and subject properties.
Example: The comparable property is identical to the subject property except that the comparable has an additional half bath. The sales price of $170,000 is adjusted by subtracting $6,000 for the extra bath. The adjusted sales price is $164,000.
Read more: http://www.answers.com/topic/adjusted-sales-price#ixzz1BEfBQZeL ) buyers perceive the perception of value they need; and they buy a house. They think that if they don’t act somebody else will buy the property and they will loose out. So to have multiple offers and a chance of your property selling at a higher price; we need to price your property at what other properties are selling for in the area. The closer we are to the 3% to 5% below market value; the greater the perception of value and ultimately more offers. Which means less time on market and you less worries. To get all your questions answered or to schedule a private consultation on selling your property click http://www.sellingyourcolumbusohiohome.com or call 614-961-0169.
Last updated: 01.16.2011 03:11 PM