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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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Testimonials

Harold it was a pleasure having you as my agent. You were always professional competent knowledgeable and a saint having to work with selling agent. I would highly recommend you to any of my friends and family. I especially noted how quick you were to respond to all my request and communications. I love my new home and looking forward to you stopping by to see the changes I made. Thanks again! Rosemarie Miller
Diane was Amazing. She walked me through the selling process, step by step. She was very knowledgable about the area, pulled comps often, and made sure to keep me informed about my competition throughout the entire process. She is very hands on and always available when needed. She even did a little manual labor getting the house ready to list. She did her homework well and sold my house in 4 day, above asking!! As a new agent, if she didn't know the answer, she always found out quickly and responded timely. Michele, Pinehurst NC
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Towering Pines Real Estate

229 W. Pennsylvania Avenue
Southern Pines, North Carolina 28387
910-246-GOLF (4653)
Contact Us
Allan Nanney, Broker in Charge
229 West Pennsylvania Avenue - Southern Pines, NC 28387
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