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Terms and Definitions
Welcome > Find Homes > Seniors 55+ > Terms and Definitions...

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Real Estate Tips
Pricing >Strategic Pricing

When you decide to sell your home, your next decision is key to the sale--"How much should I ask?" If you ask too little for your home, you could potentially lose money. Asking too much for your home could cause it to sit on the market for a long time.

Your real estate agent wants to sell your home as soon as possible, for the best price. The agent will use a Competitive Market Analysis to determine the price for your home. The sales professional may advise you to reduce the asking price if buyers fail to surface after a certain period of time on the market.

If you are serious about selling your home, you should take your real estate agent's advice. In case the first price reduction doesn't generate a buyer, another reduction may be necessary. The monetary value of a house is only what someone is willing to pay for it, but if the market analysis is done correctly, you will get the maximum amount--and a timely sale.

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Real Estate Trivia
Q 
What is a "jumbo mortgage"?

A 
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
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The Clear Choice Team, REALTOR®, real estate agents and broker for Oklahoma City, Edmond, Mustang and YukonOklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Bobby Daniel and The Clear Choice Team
Allied Realtors

3636 NW 63rd Street, Suite A
Oklahoma City, OK 73116
Tel: 405-834-5123
Fax: 405-603-7063
Email: bobbydaniel@NUMBER1EXPERT.com

Why are we in real estate? We truly love it. There is nothing that makes us happier than to match a family with their home. We are always looking for new and innovative ways to help our clientele. We are growing everyday with relocating many military families. Bobby Daniels has served in the air force for 4 years and he is passionate about accommodating military families. We really enjoy offering many ways to make their move seamless and enjoyable.

Equal Housing MLS REALTOR


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