How Should You Price Your House For Sale?

In a rising market or in a falling market, you need to ask your Realtor to help you base the price of your home on the sales of homes that are already sold. It's tempting to say, "Well, my friend Joe has his house for sale, just down the street, for $365,000, and my house is just like his." You and your friend may have identical houses, but if Joe's house is over-priced, you don't want to overprice your house too. It will just sit on the market just like Joe's. You can expect your Realtor to price your home based on homes that are:

1) SOLD (not currently for sale)
2) recently sold in the past SIX MONTHS
3) are within 1/2 MILE of your house (unless you're out in the country, and then there's some wiggle room.

These three things are the basics for getting started on how to price your home for sale.

Nationally speaking, we're in a falling market. Regionally, we're doing better in Washington state than many other states. Locally, in Moses Lake, our home prices have come down just a little bit, but with so many businesses coming in and the need for homes increasing, the prices will start to inch their way up again.

As a seller, you need to understand that neither you nor your Realtor will set the final sales price.... the market will. Who has control over the market? The buyers.

If after three weeks, you haven't had any showings, a price adjustment may be necessary.

If after more than eight showings, you haven't had any offers, a price adjustment may be necessary.
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You are invited to attend the Gary Mann Real Estate Showcase of Homes this weekend! Look in our local paper, the Columbia Basin Herald, on the back side of the front page for details on the homes that we're showing and are available for sale.
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Quote of the day: Blessed are the flexible,

for they shall not be bent out of shape. - Anon

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For a free list of

homes available

for sale in Moses Lake,

call me at 509-431-5804.

Have a great weekend!

~Connie Suehiro, Realtor (r)

Gary Mann Real Estate

305 E. Third

Moses Lake, WA 98837

509-431-5804 direct

509-765-3463 office

Time For Inspiration - Click on this title

When we hear that interest rates are going back up or that a dream home has already been sold, sometimes we need to forget about the problems that can go on in real estate and take a detour.

Let's add a little inspiration to our lives with some "Simple Truths!" I hope you enjoy this like I did. ~
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For a free list of homes in your price range, call 509-431-5804. Also, if you are thinking of selling your home, let me help. I'll provide a CMA (Market Analysis) for you and let our creative advertising go to work for you. Call 509-431-5804.

Do You Want To Buy A Home at a GREAT price?

Today in the Moses Lake area, there are 83 homes for sale for $180,000 and less. The interest rates keep going down, so now is a GREAT time to buy!

Did you go to the Gary Mann Real Estate Showcase of Homes last Saturday? Wasn't it fun? I went out to Joyce DeLeon's listing in Cove West, behind the old State Park (Blue Heron Park), and oh, the fixtures and accessories are just gorgeous! Everything is high quality like J&J Construction always puts in their homes. Be sure you go out to our Showcase of Homes this Saturday too. Look for our full page ad in the Friday Columbia Basin Herald newspaper or come in to our office at 305 E. Third for a full color brochure and a mapped route, with the details on each home we're showing this weekend from 12:00 - 3:00 p.m.


See you there!


Connie