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Setting the Sales Price
Before we set the sales price of your house, I'll run a Comparative Market Analysis (CMA) that will show the listing price of similar houses in the area as well as the prices at which the houses actually sold. Additionally, the analysis will give us information about houses currently on the market and about houses that were on the market but never sold.
Next, I'll ask you about your goals in selling the house. Everyone who sells a house has different goals that need to be factored in when calculating the selling price.
- Is your goal to get the maximum sales price for your house?
- If so, are you willing to have your house on the market for many months?
- Is your goal to sell your house quickly?
- If so, are you willing to sacrifice some of your potential profits to sell more quickly?
- Would you like to establish a balance between selling your house quickly and selling at the top end of market value?
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Market conditions will play a role in setting the sales price of your house. I'll factor in how quickly houses are selling in your area, interest rates, the strength of the school system, and finally whether it is a buyer's or seller's market.
I'll then recommend a price at which to list your house to meet your goals in the local market.
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MICHAEL SORENSEN - REMAX CITY REALTORS - Chicago Short Sale Specialist, CDPE - Certified Distressed Property Expert, Short Selling Homes in Chicago & Suburban Chicago Illinois Short Sales. Looking to Short Sell your Chicago or Northern Illinois Property? Call me at 773-987-8224 Chicago Real Estate Listings, Chicago ShortSale Homes For Sale, Chicago Pre Foreclosure Houses, Chicago Condos, Townhouses, Investment Properties, Luxury Homes, Bank Owned Foreclosed Proeprties, Chicago Foreclosure MLS Listings, New Construction, Waterfront Properties, Horse/ Equestrian/ Equine Properties, Golf Course Properties in Chicago and Suburbs of Chicago and Northern Illinois.
*Information and links contained on this site are provided for informational purposes only and should not be treated as legal advice. Promotional offers advertised here (if any) are good for services through MICHAEL SORENSEN ONLY and not valid through any other RE/MAX Agent or Broker. Each RE/MAX office is independently owned and operated.
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