Pricing

Feb. 6, 2019

Median Sales Price vs. Average Sales Price

We have been asked: “Why do you put the median sales price on your just listed postcards and just sold postcards?” We hear that the majority of people like to use the term average. Average Sales Price doesn’t always accurately depict our real estate market areas.

Median Sales Price ...

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Nov. 26, 2018

Selling Your Home? Price it right up front!

Selling your home? Price it correctly up front.

In today’s market, where demand is outpacing supply in Midcoast Maine, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best ...

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Posted in Pricing, Seller Tips
Oct. 28, 2018

The #1 Reason To Not Wait Until Spring To Sell Your House

Don't wait until spring to sell your Maine home

Many home sellers in Maine believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have ...

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Posted in Pricing, Seller Tips
June 25, 2017

Where Do Sellers Get the Listing Price for a House?

 

Question: "I have been looking at houses for sale in coastal Maine, and I see that most of them include a listing price for the property. How do the sellers come up with the listing price for a home, and is it always negotiable?"

Let me start with the ...

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