Setting your price
How do I know where to price my house? What else will affect the price?
Throughout our meetings and up to this point, The Kelly Domaille Team has been researching the local Rochester market for your neighborhood. We will present this information to you and together make important decisions about market placement for your home.
The Kelly Domaille Team will help you determine the best price for your home. The highest price may not be your best strategy, as considering the terms may make or break the sale.
Terms
Terms are the conditions - beyond the purchase price - of the real estate transaction as outlined in the contract. Terms are flexible, negotiable items that outline who does what, when, where, and how (for example when the buyer will take possession of the home and which repairs will be done beforehand).
Good terms may make a lower-priced offer more attractive. For example:
- If the buyer is offering to pay cash or has a strong financial position, there is less chance that the deal will fall through at the last minute because of financing problems.
- The buyer may propose a settlement date that meets your needs.
- Less rigorous inspection requirements (such as having a shorter time frame, less requirements, or types best suited to your needs) decrease the likelihood of finding expensive problems.
- The terms outline what items convey (that is, what household products are passed on to the buyer); for instance, you probably will want to go with the offer that does not require you to leave the buyer your new Sub-Zero refrigerator.
Go to the next step: Market your home
Return to the previous step: Prepare your home
