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Show Estate z By Del Rich r REALTOR I WRONG PRICING LOGIC I If you try to sell your home yourself, how do you set a realistic price? Most people base their price tags on the only facts known to them: original price, cost of improvements, and hoped-for profit. Then they adjust to bring their figure in line with what they think similar homes are bringing. Sounds reasonable, but three of the basic facts are irrelevant, and the fourth is highly dubious. The original price, improvements, and hoped-for profit only determine whether you gain or lose, but they have nothing to do with the right price to produce a sale. Prices of other homes may give you some clue to the market, but most of the time you only hear of the asking price. If it's not a realistic price, it won't be the selling price. How then do you set a realistic price? By consulting a local Realtor whose business it is to know how much property can bring and will bring. His knowledge of the market is invaluable. Thinking of selling your home or properly? tor makes sense to list with the most active office in the Southern Utah area. DEL RICH REALTY-Center & Main. 586-9922 |