Calculating Your Asking Price

 

The best answer is get help from a real estate professional. But, if you only have a few minutes for a video, here are five points to consider.

1. Start With Measurement Learn the average per-square-foot price for recent sales in your neighborhood. That will not set your final price, but it is a baseline buyers will use.

2. Get Comparisons Ask for Comparative Market Analysis – comps – from several agents. Go through each comp with each agent to understand both competitive homes on the market AND each agents potential approach to yours.

3. Market Research. Do your own! – not just online, but in person. That will help you understand your market conditions and the buyers perspective realistically. Markets get hot and cold, up and down, and yours defines the sales envelope for your home.

4. Consider All Terms Price isnt all there is to a sale. Can you close faster? Finance or lease-option the sale yourself? Cover some closing costs? Your flexibility can make sales leverage.

5. It is Not Personal. The hardest tip of all. Most people are emotional about their home. Pricing, in the long run, is going to logical. Theyre buying your house,not your home & memories. Find a real estate professional you like and trustand let them help you through the process.

Cost & Price. Do You Know The Difference?

Time = Money

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must be concerned not about price but instead about the ‘long term cost’ of the home.

The Mortgage Bankers Association (MBA), the National Association of Realtors, Fannie Mae and Freddie Mac all projected that mortgage interest rates will increase by about three-quarters of a percentage point over the next twelve months.

According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 5.2% over the next 12 months.

What Does This Mean as a Buyer?

Here is a simple demonstration of what impact an interest rate increase would have on the mortgage payment of a home selling for approximately $250,000 today if home prices appreciate by the 5.2% predicted by CoreLogic over the next twelve months:

Waiting = Cost

Call  786.554.8063 or email us George@GeorgeAssal.com, WE are here to facilitate and help you during the process of buying, selling, or renting any real estate needs, which will result in reaching your financial goals quickly and with ease, visit our page www.GeorgeAssal.com 

ARIA ON THE BAY – It’s all about the atmosphere

Aria on the Bay located in the heart of the Arts and Entertainment District, more specific 1770 North BayShore Drive Miami FL 33137. With 53 Stories into the sky, this project offers in all units, 9-foot glass from floor to ceiling, being the smallest 813 sqft and the biggest over 2,365 sqft plus balcony for the amazing water and city views.

 

ARIA
ARIA Entrance

From this enviable location, residents can enjoy immediate access to the neighboring Adrienne Arsht Center for the Performing Arts, Arts & Science Museums and Miami World Resort for shopping and entertainment along with a myriad of dining options and boutiques. In just 10 minutes one can be enjoying the pristine beaches of Miami, Brickell’s financial district. Design District, Wynwood and Midtown. Miami International Airport, Coconut Grove, Coral Gables.

Aria Lifestyle
Aria Lifestyle

Building Features:

.-2-Curved Sunrise and Sunset pools, .-Jacuzzi overlooking Biscayne Bay Expansive sun deck and lounge area, -.Expansive Indoor/ Outdoor social room with bar 24-Hour concierge and on-site monitoring,.-Controlled-entry garage with assigned parkingValet parkingStreet-level retail and office spaceHigh-speed wireless internet in social spaces, .-State of the art Gym and Yoga StudioOutdoor fire pit with custom seating, .-BBQ area with summer kitchen featuresGreat room with social areas including pool tables and flat screen TV’s, .-Private spa and massage treatment areasBlow-dry, .-manicure and pedicure stationsChildren’s PoolGame room and libraryScreening room/ theatreTeen lounge and Kid’s Playroom, .-Business center with conference room and offices.

Location / View
Location / View

 

Residence Features

1 to 3 bedroom+Den grand residences, .-Spacious, open-plan living, dinning and kitchen areas, .-Modern custom-designed cabinetry and European-style kitchens!Private elevator access on select units.

Aria From The Water
Aria From The Water

 

Floor Plans

ARIA Floor Plans

 

ARIA Units description

 

Contact George Assal  for more info

Contact me for more info
Contact me for more info