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Setting the Price

The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.

Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:

  • houses in your price range and area that were sold within the last half-year
  • asking and selling prices of houses
  • current inventory of houses on the market
  • features of each house on the market

From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.

Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.

Always be realistic. Understand and set your price to reflect the current market situation.

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Broker, Molly Stevens
Signature Real Estate Services
Fillmore, Utah Office
35 South Main
435-743-8316

Email: info@signaturerealestate.com

Branch Broker, Lucas Stevens
Signature Real Estate Services

Delta, Utah Office
303 East Main
435-864-4700

Featured Communities

Delta
Fillmore

Testimonials

"You could not work with better people than Molly and Lucas they went above and beyond, our parents are up in years and us kids were not able to be as involved as we would have liked we crossed our fingers and trusted them completely, they did not disappoint, they got a good price for the farm and Lukas went out of his way to help clean and move a lot that had been accumulated over the years. GREAT PEOPLE" Todd Smith
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