Friday, August 8, 2008

Correctly Pricing your Myrtle Beach Condo For Sale

In a constantly changing market pricing your Myrtle Beach Condo can be a daunting task. However follow the next 5 steps and you are sure to be right where you need to be when you put your property on the market

1. Get a realistic CMA from a licensed Real Estate Agent. This will show you exactly what has sold and what is available on the market. In a changing market often times the active listings are much more important than the recent solds. of course you need the solds for the appraisal, but you need the see what is active so that you know what units and prices you are competing against

2. Be realistic. Just because your Myrtle Beach Condo is a floor higher or low floor it is not often important when all of the units are the same floor plan with the same furniture package. Many times the units shown first and the most are the lowest price units.

3. See what incentives are being offered. Incentives can be extremely important. For example you have 2 identical condos with the same price, one is offering $5,000 in closing costs, the other offers nothing. Which one would you be most int rested in first?

4. Decide on a time frame. The time frame your condo will sell in is directly related to the price you choose to offer it at. The lower the price the quicker it will sell. if you are looking to sell in 90 days and the average days on market is 200+. You will need to adjust your price in order to sell your condo in the desired time frame.

5. Choose an experienced agent. Not all agents are created equal or have the same past experience. In a constantly changing market you need an experienced agent to assist you in correctly pricing you Myrtle Beach Condo

For more information or to get a reliable CMA on your property Contact us at Myrtle beach Condos

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