• The competition i.e., other homes that are similar to yours that are currently being offered for sale. This is very important especially in a low inventory market.
  • Homes that have sold and settled within the last 6 months to a 1 year that are similar as possible to your home in size, style, condition, age, amenities, quality, location and bedrooms and baths.
  • Homes that are currently under contract that meet the same criteria above.
  • Homes that did not sell while listed and were removed from the market that meet same criteria above.
  • Current national, regional and local economic conditions and sentiment.
  • The availability of mortgage funds, variety of home loan products, level of interest rates and overall mortgage guidelines.
  • Overall condition and cleanliness inside and out of the home.
  • Overall look and feel of the homes in the neighborhood and the neighborhood in general.
  • What kinds of amenities are in your neighborhood, such as, walking trails, tot lots, swimming pools etc.
  • New construction activity in the local market place.
  • Factors individual to your home including lot size, curb appeal, privacy, view, site, condition, updates, floor plan.
  • Number of home on the market/competition.
  • The amount of time marketing time that is available.
  • Location, transportation and broadband access.