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Real Estate Tips
Pricing >Price and Condition

Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.

If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.

Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.

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Real Estate Trivia
Q 
What was the longest distance a building has ever been moved?

A 
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.
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Len Mailloux, REALTOR®, real estate agent and broker for Charlottesville Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Len Mailloux
Better Homes and Gardens Real Estate III

500 Faulconer Dr.
Charlottesville, VA. 22903
Office : 434-984-7404
Cell: 434-981-1972
Fax: 434-984-7489
Email: lenmailloux@NUMBER1EXPERT.com

Len Mailloux is one of America's NUMBER1EXPERTS� He has been named by Unique Homes magazine as one of the top real estate professionals in the country. Len's reputation for matching people with properties, exceptional marketing and advertising strategies, knowledge of the market and love of the area are qualities upon which his clients rely. Just call or contact him by e-mail today!

CRS Equal Housing MLS REALTOR


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