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Connor and Paris MacIVOR
RE/MAX of Santa Clarita
RE/MAX of Valencia
Phone: 661-400-1720
Email: remax@paris911.com

Short Sale Blog

This is a custom Site that we at RE/MAX of Santa Clarita and The Paris911 Team have built that is specifically for Short Sales. 

After working with the Banks in the sales of their REO's and Foreclosures - We have adapted nicely to handling the Short Sales for our clients - we have a multitude of contacts with the major banks and also employ a Legal Team to handle a specific part of the Short Sale Process for our Clients.

"It is Nevou - but a necessary part of the Short Sale Process so you don't constantly have to look in your "rear view mirror" wondering what will happen in the future." - Connor
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Setting the Price

The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.

Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:

  • houses in your price range and area that were sold within the last half-year
  • asking and selling prices of houses
  • current inventory of houses on the market
  • features of each house on the market

From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.

Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.

Always be realistic. Understand and set your price to reflect the current market situation.

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