We just finished a delicious dinner of grilled chicken, fresh steamed broccoli, and red, juicy watermelon. Now to finish some pricing evaluation work for a new listing in Cary, NC.
Pricing is the most important work we do for our clients, both buyers and sellers. I'm a rather analytical person, plus, I like to work with numbers so this comes easily for me.
The comps (closed sales) in this neighborhood which are similar to my seller's house are few and far between. She owns a ranch or one-level; most homes in the neighborhood are two levels or much smaller ranches.
There are several other properties for sale in this neighborhood, and their prices vary quite a bit, making it tricky to determine market position for my client's home.
Our office employs a state-of-the-art price modeling tool which greatly simplifies the arithmetic, but it requires starting with high-quality data. You know the saying "garbage in...garbage out" really applies to the pricing process.
~ Robin
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