Nevada Real Estate >> Las Vegas Real Estate Specialist: How to Price Your Las Vegas Home To Sell!

How to Price Your Las Vegas Home To Sell!

Graced with the pleasure of performing over several thousands of BPO's (broker price opinions) for the banks over the years, I do feel like I have three tiered pricing motivational pricing las vegas sellerunique experience with pricing homes.  Our "Three Tiered Motivational Pricing" is based off of BPO forms and our mad skill of analyzing the recent listing & sales data to price your home right.  

We don't want you to leave money on the table by pricing it too low or we don't want you to end up with holding costs and a stagnating listing by pricing too high! You receive three prices and you choose the price based on how motivated you are to sell your Las Vegas home:

  1. The first tier is a "quick sale" and is based on the low end of what homes are selling for recently (not listed - SOLD!)  We know that is what the market will bear because this is what homes are selling for!  The estimated marketing time for a purchase contract is about 30 days on the market.
  2. The second tier is a regular sale.  Let's say you are a seller who wants to sell but you are in no hurry.  We analyze the data and include listings and look at what is going on in your immediate neighborhood as a whole.  The estimated marketing time for a purchase contract is about 60-120 days on the market.
  3. The third tier is for a long marketing time.  This would be for a seller who really wants a pie in the sky price but must be patient with marketing and realistic that it could possibly sell!  The estimated marketing time for a purchase contract on the third tier is about 180 days.

We understand consumers are very savvy with the advent of the internet and we want to empower our clients by figuring out their own motivation to sell their Las Vegas home and to price it accordingly with that motivation! We add the numbers on a proprietary net sheet that I created specific to selling your home in the Las Vegas market.  We also add all the other costs that are involved in selling your home like owner's title policy, property transfer tax, etc.  If your loan payoff is available to us, we will add it to the net sheet also.  

We don't want to take ANY listings unless you are completely comfortable with the estimated bottom line.  On the same token, we do not take ANY listings if the seller insists on pricing them over what the market will bear.

When we receive offers, we will also tear apart the offers and present it on the our same proprietary net sheet so you can understand the offer broken down in monetary terms.  Our sellers find it helps them leave their emotions out of the home selling equation and they know exactly what they want for a bottom line so they can see it and accept, reject or counter in an appropriate manner. We are always happy to give you consultations on pricing & marketing via email so you can make decisions in the privacy of your own home without pressure


Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Comment balloon 8 commentsRenée Burrows • January 01 2016 01:35PM

Comments

Renee, great way to start the new year off with a blog. Pricing a home correctly helps to sell in today's market. Happy New Year. 

Posted by Frank Rubi, FrankRubiRealEstate.com (Frank Rubi Real Estate, LLC) almost 2 years ago

Good evening Savvy! I'd have to say that this strategy appears to have most of the kinks addressed in a skillful manner. Pulling out the emotion from the equation is paramount, well done.

Posted by Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) almost 2 years ago

Hi Renee.  Good to see you back.  Hope you have a wonderful 2016.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 2 years ago

Hi Renee...great post. I like the strategy. Glad to see your smiling face around these parts :)

Posted by Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes (Waves Realty) almost 2 years ago

Renee and that's why they need you to sell their home.  I see more and more internet or low cost brokers discounting their fees and sellers should know that they get what they pay for.  If they want a hassle free sale they should go with a local expert such as yourself.  Providing top service and expertise in the local market.

 

Posted by Anja Kerstens, GRI, CDPE, CHS, ASP, Selling Silicon Valley Real (Coldwell Banker Residential Brokerage) over 1 year ago

Hi Renee...just saying hello on AR!  Have a great day. Hope all is well with you and Paul!

Posted by Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC, ... a small office, delivering big service! (Waters Realty of Brevard, LLC) about 1 year ago

Your blog is quite interesting i found it very informative thanx for posting Home Buyers in Las Vegas

Posted by Steve Harless (Platinum Real Estate) 11 months ago

I was looking for your current blogs. I hope all is going well for you.

 

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) 8 months ago

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