From NAR
The National Association of REALTORS® (NAR) provides a guide on factors influencing home pricing. Key considerations include:
- Home Characteristics: Size, location, amenities, and condition.
- Market Conditions: Current supply and demand, interest rates, and economic factors.
- Comparable Sales: Prices of recently sold similar properties in the area.
Understanding these elements can help sellers set a competitive and realistic listing price.
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