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Real Estate III 29 North Office
Real Estate III 29 North Office
Charlottesville, VA 22901
Phone: 434-817-9200
Contact Us

Real Estate III West Office
Real Estate III West Office
Charlottesville, VA 22903
Phone: 434-817-9300
Contact Us

Real Estate III Glenmore Office
Real Estate III Glenmore Office
Keswick, VA 22947
Phone: 434-817-9600
Contact Us

Real Estate III Washington Office
Real Estate III Washington Office
Washington, VA 22747
Phone: 540-675-1373
Contact Us

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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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29 NORTH OFFICE
2271 Seminole Lane
Charlottesville, VA 22901
434-817-9200 | Contact Us
WEST OFFICE
2216 Ivy Road - Suite 210
Charlottesville, VA 22903
434-817-9300 | Contact Us
GLENMORE OFFICE
1318 Piper Way
Keswick, VA 22947
434-817-9600 | Contact Us
WASHINGTON OFFICE
291-A Gay Street
Washington, VA 22747
540-675-1373 | Contact Us

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