A price point is a point on a scale of possible prices at which something may be marketed. In real estate, think of it as a sliding or balance scale, that generally increases its weight or value with time, inflation, and demand. An accurate assessment of price today determines the return on your investment tomorrow.
Every property has value regardless of a property's size, location, or condition. That value can be determined by several different approaches:
A Market or Sales Comparison Approach is the approach that is used most often in residential property. It is a simple process, but one that requires experience, and research to pin point accurately.
Because price point is one of the most important aspects of Real Estate, at Castle Rock Real Estate Agent, all our Agents fulfill classroom and exam requirements for both Real Estate Brokers and Real Estate Appraisers. With our Agents you will have more knowledge on your side, so you can get:
It may be tempting to overprice your home to see if you get any takers and pocket a little extra cash. But artificially inflating the price of your home can cause a cascade of negative affects that can actually cause you to lose money in the end.
The opposite can also be true, when the seller (or agent) does not value a home accurately. They may see that the neighbor sold their house with the same floor plan four months ago, and so in turn they listed their house for the same price; losing money because they did not account for:
Castle Rock Real Estate Agents shadow and train with:
So we can offer you options, advice, and expertise; before you make an offer!
Castle Rock Real Estate Agents attend classes, seminars, and study the most up to date literature from:
So we can offer you hassle free services from listing search to closing.
Castle Rock Real Estate Agents attend City Council Meetings, seminars, and classes with:
So we can offer you the most up to date Federal, State, and Local information.
"Every circumstance is unique, every question is important, every person is valuable."
140 South Wilcox Street, Castle Rock, Colorado 80104