June 26, 2024

How Do I Find the Right Asking Price Quickly?

How Do I Find the Right Asking Price Quickly?

With more limited inventory than usual for spring, finding comps—sales data on comparable apartments—is challenging, so you and your broker will need to do more legwork to come up with a price that won’t leave your property lingering on the market, according to experts, including @deannakory.  


“Comparable means: Same size, preferably same building, if not [then] similar location; same level of renovation; and similar carrying costs,” explained Deanna Kory, a broker at The Corcoran Group.


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