When it comes time to put your Montebello condo on the market, how will you price your condo? Pricing can make or break your sale. If you overprice your condominium, you risk waiting and watching without traffic or feedback. On the other hand under-pricing your condo means minimizing your investment.
The starting point for pricing should be based on recent sales in Montebello, not on personal attachment. Regardless of what you think your condominium is worth, the pricing should be based on market value – this is why it’s important to find a good real estate agent, like Julie Nesbitt, who is familiar with the 22303 zip code who has worked and sold in this area for years. Julie starts by looking at what other comparable condos in the Huntington area have sold for. This is called a comparative market analysis (CMA). Continue reading