DAWN FLORIO REAL ESTATE
BROKERED BY RE/MAX 1ST REALTY
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Pricing and Market Conditions
Having a conversation about market conditions is an extremely important step when preparing to list your home. Anyone familiar with basic economic principles has an understanding of "supply and demand." In real estate terms, we refer to the market as being a "seller's market" (high demand, low supply which increases prices) or a "buyer's market" (high supply, lower demand, calling for lower prices and more competition amongst the available listings). The kind of market we find ourselves in will dictate the pricing strategy we employ.
As your agent, it is my job to educate you on the market we will be selling in, and to advise you as to your best course of action. I will use my decade of experience in doing this day after day, year after year, to explain what I've seen work for other people, and what has caused problems or delays in a sale. We also have access to the market statistics that reveal the "what, who, how, and why" of the market. I like to be clear about what the best course of action is, but we will always respect final decisions made by you, the seller. Ultimately it is your decision how we proceed with the sale, and your cost and profit in question.
Asking questions is a great way to increase understanding. Let me know what market questions you have! I'm looking forward to partnering with you to accomplish your goal.