How Do Real Estate Agents Price Homes?
Pricing a home for sale is two parts analytical and one part gut instinct. Market Research and Comparable Sales Data determine what a home might be worth based on what similar homes have recently sold for nearby.
But real estate experience (the gut instinct of a pro) is also an understated factor in measuring how a home's attributes and drawbacks might be priced into account by prospective buyers compared to other homes both recently sold and currently on the market.
Ultimately, however, a home's price isn't determined by your real estate agent. A home seller sets the price of their home, but its value is determined by the buyer. Put another way, an owner's asking price is educated guesswork, and a buyer's response to it (i.e. an offer) indicates what the buying marketing is willing to pay for it in that moment. That is why choosing an experienced real estate agent who can help you pinpoint just the right asking price for your property and ownership goals is an important first step in getting it sold.
Work with Art House to Sell Your Home
Ready to Sell? Work with us!
Art House agents work all over the Greater Birmingham Area. We've helped sell thousands of homes and are ready to help you, too! We'll share our real estate research, property comparables, and marketing strategies with you so you can feel confident you are listing your home at just the price for your timetable and goals.
Because we understand the digital world your home will be greeted by, we use commercial photographers and videographers so your property will look its best and stand up well to other competitive houses online. Your home will also be actively placed in front of our buyer audience and social channels, syndicated to 80+ other property websites along with proper digital ad placement for maximum exposure.
From listing to closing, Art House Agents handle showings, inspections, and paperwork with the goal of giving you a stress-free sale. Relax. We got this Sold!
