Location and Surroundings This includes the community where your property is situated, proximity to schools and transportation, attractiveness of the street, and overall convenience to shopping and work. Competing Properties How do the features and amenities of your property compare to other properties in the same price range? Condition of the Home How well have you maintained your property as compared to competing properties? Today, staging is usually a necessity in order to obtain the highest possible price. Accessibility for Showings It’s sometimes challenging to have your house ready to show at all times. The more accessible your property is, the easier it will be for buyers to see it. Maximum exposure equals maximum price. Your Agent The agent’s marketing plan, web expertise, and use of print media will determine the exposure your property receives. Their negotiating skills strongly influence how much you will net. Supply and Demand Statistics These statistics tell you how quickly properties are selling. Pay special attention to the amount of inventory on the market. Six months or less means a more rapid sale, whereas eight months or more means downward pressure on prices and longer market times.
Buyers Market sellers Market Balanced Market $250,000 -$300,000 -$350,000 -$400,000 -$450,000 - $500,000 - $299,999$349,999$399,999$449,999$499,999 $549,999 Months of Inventory Price range Health of the Market As of 7/31/2014