One of the most, if not the most, critical steps in listing your house to sell is to list it at the proper price. It is a well know fact that property that is over-priced will sit on the market and that is the kiss of death in real estate.
Determining the listing price for a property is part art and part science. But the National Association of REALTORS® has a program that has boosted the science aspect to a whole new level and that is the NARRPR.
The NARRPR is the National Association of REALTORS® program that puts a vast amount of data into the hands of REALTORS® and only REALTORS® have access to this data base. The data base is the REALTORS® Property Resource and pulls data from many sources, including the data generated by the local MLS and the REALTOR® association.
In a matter of minutes REALTORS® can access this data base to determine a selling price – or buying price – of a property. It also allows the price to be tweaked based on the condition of the property, unusual market conditions in that market or to accommodate a sellers need to sell quickly.
The report also provides a wealth of information about the market in your area and a range for the price of the home.
If you are thinking of buying or selling and would like to see what your home would most likely sell for, please feel free to email me your address, phone number and an email address and I would be happy to send you a complimentary copy via email. Of course there is no cost or obligation for this service.
If you are thinking of buying or selling, talk to a real estate professional – talk to a REALTOR® – who can give you the information you need to make an informed decision.
As always, if i can help with any of your real estate needs, please feel free to text or call me at 301-712-8808 or email me at RolandLow1@gmail.com.