Posted by: Meena Gujral | May 18, 2010

How to Price your House for Sale in Mission San Jose Fremont , California

New listing at Marbella Terraza

Selling a house in Mission San Jose Fremont is a dilemma and it is not easy deciding on tagging a price to it. Unlike other goods that you can compute all the materials you used in producing it, this becomes a tougher job in real estate properties. It takes a lot of brain storming and proper market study in order to come up with a price for a specific house. The price must be profitable and striking at the same time. What more will it be if you decide on lowering the tag price? This is also a complicated endeavor especially if the property has been staying on the market for quite some time. 

So, how are we going to resolve this issue? Here is the step by step guide you can utilize to get the house sold and maximize your revenues at the same time.

  •  Do a market study on the existing prices of houses similar to that of your home within a one mile radius in Mission San Jose area. Prioritize those houses which are almost identical to your property, has the same location or is at least situated in a similar community like yours.
  •  Comparing a Mission San Jose home to another Fremont area is not the same since all the elementary, middle and high schools in the Mission San Jose schools are considered better than the other area. Make sure you are comparing apples to apples.
  •   Find out which houses have been sold for the last six months and compare your house to these houses. If the houses sold were a bit similar to each other, you can conclude that these types of houses are currently in demand. Assess the resemblance of these houses to your offered property. Is your property comparable to these houses, too? If your answer is yes, then your house may be next in line.
  •  Evaluate the comparability and competitiveness of the price of your house. It may either be over priced or slightly undervalued. You can determine this by comparing prices against your competitors. Make the necessary adjustments.
  •  In any case you have proven that the house you are placing on sale is worth the offered price then it is but proper to stick with your original price. Drastic reduction in price may create turmoil on your part and negative impression to buyers. Just be a little more patient and work on your marketing scheme.
  •  If you are looking to sell your home in Fremont, Pleasanton, Castro Valley or anywhere in the East Bay, call Meena Gujral at 925-425-9491 to see how you can save thousands of dollars on commission. You can also go to:

     Five Canyons Homes Blog


    Leave a Reply

    Fill in your details below or click an icon to log in: Logo

    You are commenting using your account. Log Out /  Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out /  Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out /  Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out /  Change )


    Connecting to %s


    %d bloggers like this: