Litchfield County real estate information, local events and more.

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According to.... who? what?

question markPrice is accordingly, it should be the new catch phrase. 



Yes, there are a glut of homes that aren't moving. However there are homes that are moving, homes that are well priced are being sold. What does that mean? These homes are priced accordingly.

 



According to condition. If your find a home that sold that is very similar in many ways to your except one, condition, you need to price your home accordingly. If you are in better shape, you have done recent upgrades, you are clean, neat, ready to move in, you are on top of the heap. If you home requires work you need to be priced lower. Take for instance you know you need a new roof. You know what that is going to cost. What is your best option? Price it accordingly if you can't replace the roof yourself.  Price it accordingly if you can't put in that new septic.

according to what

According to location. Are you on a busy road? Is there a half mile long dirt driveway to your house? Is your driveway steep up or down? These affect the pricing of your home too. You must consider these when pricing your home to sell. Finding the right buyer can be hampered by a severely compromised driveway, however pricing accordingly can help to get that offer.

According to the latest market stats. You have to take a good long look at the comparables that have sold. It is very difficult to be objective about something we not only have so many memories tied into, but debt certainly plays a part in our ideas about what a house should sell for.

according to who

NOT according to your debt. Debts are never to be considered in the pricing of your home. A buyer is not going to care what your mortgage obligation is or what your credit card obligation is. An appraiser will certainly not take your debt into consideration when giving an opinion of value to your home. Contact a real estate professional to help you price your home. A Realtor® will have the ability to show you current market trends, show you what has sold that is relevant to your home and what will be your competition if you should decide to place your home on the market.


My strongest advice on pricing your home these days? You guessed it.

Price it accordingly!

© 2009 Andrea Swiedler. Unless otherwise noted, the content, both written and in pictures, is the property of Andrea Swiedler. If you wish to use something you see here, please email me (andrea@andreswiedler.com) with your request. Most likely I will oblige, with a link back to my original content as well as an acknowledgment. Although imitation is the highest form of flattery, please let me know before you decide to bestow this form of flattery on me! Thank you.

Looking to purchase or sell a home in the greater New Milford CT area? Please contact me , or visit my website to find out more about me.

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Andrea Swiedler, Realtor, Southern Litchfield County Real Estate

2017 President, Greater New Milford Board of Realtors

2017 Connecticut Magazine 5 Star Realtor

 

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Litchfield County Regional Office,375 Danbury Rd, New Milford, CT 06776

 

© Andrea Swiedler 2009 - 2017

 Always do right. This will gratify some people and astonish the rest. - Mark Twain

Comment balloon 23 commentsAndrea Swiedler • May 19 2009 06:02PM

Comments

Andrea, how about according to your knowledgeable Realtor who takes all these into consideration??

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) about 9 years ago

It's also great when a seller settle on a price and offer protection to the buyer.  Buyers want protection because they know, regardless of what many of us say, the home is going to depreciate over the next few years.  If the buyer feels safe with a property that they like, they will buy it.  Offer your sellers the option to incentivize potential buyers with Protection with Home Price Protection (TM) by EquityLock Financial.  Let me know if you have any questions!

Posted by B.G. Davison (EquityLock Financial) about 9 years ago

Hello Andrea-Excellent post and very TRUE. I love the big shadow lettering. VERY COOL. I see writers block is GONE. Wonderful!!! <WARM SMILE>

Posted by Sharon Lee, Retired and loving life (Sharon Lee's Virtual Assistance) about 9 years ago

Andrea...  Very creative and True..Call your Real Estate professional who will price it according to recent sales in the area..Love it ..Thank you

HelpfulHannah your friend in Philadelphiatweet this

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) about 9 years ago

Andrea, Very good advice!  If it is not priced accordingly in this market it IS NOT going to sell!! 

Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) about 9 years ago

Andrea, Your clients are very lucky to have you as their agent.

Posted by 1 ~Judi & Don Barrett & Chassy Eastep - Integrity, BS Ed, Integrity Real Estate Services -IDABEL OK (Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745) about 9 years ago

Gary, you got that right! Thanks.

Hello B.G., I have not seen you before, welcome to AR! I never heard of that program, but will take the time to read your information. I can't say either way until I figure it out! Thank you for stoping by!

Sharon, LOL, thanks. Yes, it appears that the writers block is gone, although I put a listing in the MLS today and struggled with that. Oh well, you never know when it will strike.

Hannah, thank you so much! :D

Marchel, thanks. You got that right, it won't sell for sure. No if's ands or BUTTS! :D

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Hello Judi, why thank you so much! What a nice compliment you gave me. I will take it! :D

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Andrea - According to me, you nailed it.  This is great advice on how to get your house sold.

Posted by Judy Jennings, Broker - The Lanterns at Warren Woods - Ashland MA (The Green Company) about 9 years ago

Andrea, Absolutely! We don't have emotional ties to our listings when first meeting sellers.  The difficulty is getting the seller to come down to earth when agreeing to a list price. Sellers need to be objective by detatching themselves from the memories made or money spent in the house.  

Posted by Linda Greco Rich, ABR, SRES, Harford County Specialist (Exit Preferred Realty) about 9 years ago

Judy, why thank you! According to the market is so important.

Linda, you are so right. It is a hard thing to do, that's for sure. I can understand. The appraiser will have no problem attaching though.

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Andrea, location?  Condition?  Comps?  I do believe you hit this one on the head, my dear!

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) about 9 years ago

Pat, why thank you! I smashed my head hard enough on the writers block wall to pound this one out!

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Andrea, this is the most concise and accurate post I've read in a while! Now more than ever sellers need to rely on our knowledge and experience to price their homes to sell! Love the shadowed letters, too, btw. A very attractive post to boot!

Posted by Dawn Grasty, Durham NC Real Estate (Prudential YSU Realty) about 9 years ago

Dawn, why thank you, all the way around. I appreciate your praise, thank you for taking the time to read my post and comment on it!

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Great post-I am going to re-blog it, it is so well done!  What is your name again?

 

Posted by Debbie Walsh, Hudson Valley NY Real Estate 845.283-3036 (Shahar Management) about 9 years ago

Debra, why thank you! That is the biggest compliment. According to me, my name is Andrea! LOL.

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Well now your name is in lights!  LOL

 

Posted by Debbie Walsh, Hudson Valley NY Real Estate 845.283-3036 (Shahar Management) about 9 years ago

LOL Deb, you are too much! Thank you! :D I was thinking it would be tacky to go over and post a comment on my own stuff, but... oh why not.

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Andrea:  Great post.  But I have also found that certain things that one buyer could see as a negative, others could see as an asset.  It's the real estate equivalent of "beauty is in the eyes of the beholder."

By the way... I really like the "font" with the shadows... in the above typing of According to What?  And According to Who ?  It's the same as the font you are using on your blog header... real estate, real photography, real life.  What font is it ?  Thanks so much.

Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) about 9 years ago

Karen, you are so right. For that reason I refrain from saying anything about the mirrored wallpaper in the bathroom or the kegerator in the livingroom. Thank you!

As to your question about the font, first of all, those are jpegs, and the font is arial. I think I used something different for my header, tahoma I think. I will email you.

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

Hi Andrea ~ This is excellent! Valuable advice, really well stated, and the graphics are super. These words will be ringing in my ears next time I'm talking to a seller.  Thanks!

Liz

Posted by Elizabeth Bolton, Cambridge MA Realtor (RE/MAX Destiny Real Estate Cambridge, MA) about 9 years ago

Hi Liz, why thank you! I appreciate the kind comment. You are very welcome.

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 9 years ago

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