Price is the sole determining factor of whether a home will sell. A home is worth what someone is willing to pay at a specific moment in time. There are many factors that we use to establish a price and we prepare a Comparative Market Analysis (CMA) which will give us a clear understanding of competing properties, market trends, and most importantly, recent sales. How does your asking price affect activity?
Supply and demand determine monetary value in the marketplace
- Priced Above 12% of Market Value = Buyers ride by, no showings
- Priced Between 6% - 12% of Market Value = Showings but no offers
- Priced Within 6% of Market Value = Offers!
- Providence and the East Side
- East Bay
- West Bay
- South County
- Northern RI
- Newport County
- Southeastern Massachusetts
RSS
©2013 Residential Properties Ltd. All rights reserved. Residential Properties Ltd. is the leading independent Real Estate company in Rhode Island with 5 offices statewide. We are dedicated to helping buyers find a dream home whether its a loft condo, a new house in the suburbs, or a luxury property on the waterfront.
Terms & Conditions of Use | Privacy Policy | Fair Housing Policy
Terms & Conditions of Use | Privacy Policy | Fair Housing Policy
