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How to Set a Price for Your House

Thursday, March 10, 2022   /   by Tara Turner

How to Set a Price for Your House

How to Set a Price for Your House

Your aim is to get the best price and terms in your market during the period you're selling. Market conditions, interest rates, and competition all matter. The price you want and the price a buyer will pay are framed by those complex conditions, so pricing isn't completely predictable. 

Other factors include how your home compares to other homes for the same buyers, the inventory of homes and the level of buyer demand. Your needs also affect negotiations. For example, if you must sell quickly. The final price will be determined by the market, not by your needs. 

Buyers look at the same comparables and market conditions and they want to pay as little as possible while meeting their needs. 

Remember that the price isn't the entire deal. Repairs, closing, points, appliances and other factors can all change the value you finally receive. Listen to your real estate agent, stay informed, be patient if you can, and make your best reasonable, unemotional decisions.

If you have any questions relating to buying or selling a home, please give us a call at 909-255-1070. Mitchell Stein License# 0208163

Stein Team Realty - Keller Williams College Park
Mitchell Stein Dre# 02081632
2440 W Arrow Route #5C
Upland, CA 91786
DRE# 01885348

Based on information from California Regional Multiple Listing Service, Inc. as of May 22, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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