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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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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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Jan Jacques
GRI, CRS, ABR, e-PRO
3003 E Chestnut Expwy #950
Springfield, MO 65802
Phone: 417-840-2715
Email: jan@thejacquesco.com
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Michael Jacques
 
CRS, GRI, ABR, AHWD, PSA, SRES
2018 GSBOR President
2016 GSBOR Realtor of the Year
Broker-Salesperson
The Jacques Company
3003 E. Chestnut Exp., Ste. 950
Springfield, MO  65802
(417) 832-1111 x.6
(417) 987-8477 direct
Email: michael@thejacquesco.com
Licensed in Missouri

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Testimonials

Thank you for finding the perfect home for our children. Also, for caring about and guiding them through the process. It was such a blessing getting to know you. We appreciate you! Ted and Kim
Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional.
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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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