Confused about setting an asking price for your home in the Bennington VT marketplace? It’s not surprising, considering the mixed signals you might be receiving about the “national” real estate market. First, understand that there is no such thing as a national market – only thousands of individual markets experiencing different conditions.If you don’t have detailed information about local home sales, it’s just about impossible to determine your home’s value to buyers. Even prices from just six months ago probably won’t hold up, so it’s critical to have access to real-time information about trends in this market.

Details should include the total number of properties currently for sale, the number of both pending and sold units, the average listing time, and the average listing price and sale price. You must compare pending sales and final sales, because the pending transactions really reveal where the market is heading (as opposed to where it was when a sale took place.)

Start your pricing decision by contacting me today for a free, no obligation market analysis.  I have access to this information and the experience to interpret the facts. I will not set the price for you – that’s your final decision.   It’s in everyone’s best interest to stay away from an overly optimistic asking price.  The marketing time and dollars need to be spent on listings that will actually sell, because they are priced right.  You can’t afford to sit on the market with a price that’s too aggressive.

Categories: Bennington VT, Selling

This entry was posted on Monday, October 22nd, 2007 at 2:52 pm and is filed under Bennington VT, Selling. You can follow any responses to this entry through the Bennington VT Real Estate RSS 2.0 feed. Responses are currently closed, but you can trackback to Bennington VT Real Estate Commentary from your own site.