Most sellers hope to get the transaction finalized at their asking price, but [...]]]> The Prescott and Prescott Valley real estate markets are obviously very volatile in the current economy. This fact needs to be considered when you are in the process of selling a condo, townhome or patio home and setting your desired price.

Most sellers hope to get the transaction finalized at their asking price, but depending on the market, this is often not possible. The reason for this is the glut of available properties for buyers to choose from, commonly called a “buyer’s market”.

Sellers who understand the market know that they cannot ask for a high price given the current conditions. Those who do not understand and insist on trying for a top price end up having their house on the market for a very long time.

We are experienced and have the tools to determine market conditions in your neighborhood. Therefore, although the decision is ultimately in the your hands, it would benefit you to listen to the advice of several real estate agents when setting a selling price for your property.

Please contact Patrick Schutte at 928-710-1717 for more information about selling your condo, townhome, or patio home in today’s buyers market in Prescott or Prescott Valley.