What
price is the right price? This is a challenging question in Suwanee's
current real estate market - as well as all of metro Atlanta. The
typical CMA (comparative market analysis) most agents like to use isn't
going to get the job done if you want to have your home priced
competitively - and - SELL!
Many agents, like myself, are filling their arsenal with supporting
data from many sources.Let's be honest, even with what we hear from the media, come year-end when the analysis of the 2008 real estate market is compiled, despite the nay-sayers, billions of dollars in real estate will have sold in our market. It may not be as much as 2007 and probably even less than years before that; but, homes will have sold. Question is, "Will your house be one of them?" It can be!
Buyers are cherry-picking and you can't blame them. When buyers start looking at homes, they will find plenty to select from. Odds are, as a seller, you will also find plenty of competition with other houses sharing very similar featuers as your home in the market place. Plan startegically and price your home so you don't find it left hanging, at the top of the cherry tree, all by itself.
Buyers
will "pick" the house that is priced the best and the one
which
doesn't require work once they close and move in. The majority of
buyers do not want to replace carpet or flooring; update kitchens or
bathrooms. With the ever changing mortgage guidelines, buyers are
usually bringing more money to the table and don't want to be faced
with home improvement jobs from the get-go.Rates are great....buyers are going to buy this year! Price your home aggressively and prepare your home to SELL if you want to find yourself one of the cherries picked for 2008!
