Price


Pricing your home is more than just completing a Comparative Market Analysis (CMA).  It is both a science and an art.  Both of which I will employ to ensure that we price your home accordingly.  As I’ve mentioned before arguably the two most import components of selling your home are price and exposure.


My goal is to help you sell your house and not to test the market.  It’s critical that we are confident in the price that we establish such that we won’t need to change it unless we have experienced a sudden change in the market or condition of the home in which we need to adjust quickly and accordingly, or in order to strategically execute a plan to achieve a short sale or some other non traditional transaction .


Strategy

Each strategy and plan to sell your home will be determined uniquely based on your home and it’s specific location along the state road 54 and 56 corridors.  In general the process will be as follows.


First, we’ll first consider the direction of the market based on data and ask ourselves the questions,


1. Are prices in the area increasing or decreasing?

2. Are there economic factors on the horizon that will affect the perception of the price of our home such as the traffic on state road 54/56 or affect buyers purchasing power such as rising interest rates?


Second, we’ll do a CMA by selecting the most appropriate properties in your neighborhood to set our baseline price.  As part of the CMA we’ll ensure that we are adjusting based on the special features of your home as compared to others.  My philosophy in using comparables is to only use properties that have sold within the last year or those that are currently active with contract.  As I indicated, it is not my intention to “test the market”, it’s my intention to help you sell your property.  As a result of different pricing strategies by realtors and without knowing how those pricings have been derived, we posed the risk of over pricing our properties by considering them.  However with that said in few cases when there are not enough recently sold properties in the area I may carefully consider active listings in order to round out our CMA.   


Third, we’ll ten consider your timing, whether or not we need to sell quickly below the average days on market or if we have time for the market to takes it’s course and sell a few days before or after the average days on market.


And finally, we’ll then consider the Psychology of pricing as can be seen here,

http://www.inman.com/2015/04/17/the-psychology-of-pricing-a-real-estate-property/ and identify a price (series) of numbers that will psychologically work we’ll for our potential buyers.  For years retailers have priced products by avoiding round numbers as in 249,999, in years past this may have had the intended psychological effect of looking like a discount, but things have changed and purchasers are infact a bit more savvy.  As more and more buyers are starting their home search online this pricing strategy could have a damaging effect.  For instance, if we price your home at 249,999 qualified buyers may miss your home when they use home search egines.  Your property would not be displayed if the buyer enters 250,000 - 300,000.  We’ll ensure that we avoid these types of mistakes, we’ll also utilize numbers such as 7 and 4 which have shown to be more user friendly than others.   


Evaluate your thoughts

Certainty of doing

Fri, 19 Jul 2019 05:02:00 +0000

Give up the idea that you're trying, and replace it with the certainty of getting specific work done.

Keep working

Thu, 18 Jul 2019 05:02:00 +0000

You're at your best when you're making things better. Life is best when you're able to continue investing yourself in it.

Get positive

Wed, 17 Jul 2019 05:02:00 +0000

When life has been disappointing, frustrating, painful and unfair, respond in a way that will bring out your best. Get positive, and get yourself quickly to a better place.

Change for the better

Tue, 16 Jul 2019 05:02:00 +0000

Don't let what happened a moment ago diminish what you can do now. Don't allow a disappointing morning to ruin a perfectly good afternoon.

Make the rewards real

Mon, 15 Jul 2019 05:02:00 +0000

The fact that you can put forth sustained effort and create value, is an amazing state of affairs, deserving of your constant gratitude and utilization.

Continue to persevere

Sat, 13 Jul 2019 05:02:00 +0000

Your life, and all the great things you can do, are well worth your perseverance. Persevere now, and continue.

Difficult things happen

Fri, 12 Jul 2019 05:02:00 +0000

From each positive experience, you learn a few things. From each negative experience, you learn much more.

Live it now

Thu, 11 Jul 2019 05:02:00 +0000

This is not practice for later. Now is when the experience of living becomes yours.

Give goodness

Wed, 10 Jul 2019 05:02:00 +0000

In ways large, small, and in between, give goodness. In ways that inspire you to give even more, give goodness.

Relaxed attention

Tue, 09 Jul 2019 05:02:00 +0000

Improve the accuracy of what you observe. Actually look at, listen to, and experience what you experience rather than placing so many judgments on it all.

Prepared to be patient

Mon, 08 Jul 2019 05:02:00 +0000

You can be so ready in advance for the offenses of others that they don't offend you at all.

Active achievement

Sat, 06 Jul 2019 05:02:00 +0000

Stop telling yourself what you should do, what you need to do, what you want to do. Take in a deep breath of energy and determination, and do it.

The moment is new

Fri, 05 Jul 2019 05:02:00 +0000

Life is filled with beautiful people, places, experiences, and countless other treasures. Don't deny all that richness to yourself for any reason.

Freedom

Thu, 04 Jul 2019 05:02:00 +0000

Freedom is kept alive by responsible, respectful living, by employing that freedom to benefit yourself and others.

New richness

Wed, 03 Jul 2019 05:02:00 +0000

Don't merely think a great idea. Bring it out into the light of day and act on it.

Contact

Cecilio (Tony) Thomas

Exit Prime Realty

20625 Amberfield Drive

Land O Lake, FL 34638

727.207.2978

cecilio.thomas@exitprimerealtypasco.com

"Together, let's make Pasco County great!"