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Real Estate Tips
Pricing >Maximum Profit

Everyone wants to get the maximum amount possible when they sell their home, but many homes sit on the market because they are overpriced. One real estate axiom states that "the true monetary value of real estate is what someone is actually willing to pay for it". A professional real estate agent determines the asking price of a property by examining the selling price of comparable homes in the area which have closed.

A seller might occasionally be heard to complain that a sales professional "lowballed" their home for a quick, easy sale. However, real estate agents always work to maximize their seller's profit. They price your home based on a careful calculation of the maximum amount you should be able to get (with a little room to negotiate).

If you are really serious about selling your home, work with your sales professional to make sure that it is priced right.

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Real Estate Trivia
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What price range is considered upscale or high-end in residential real estate?

A 
The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales.
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Eric Rice and Clausen Ely, REALTOR®, real estate agents and broker for Baltimore, Fells Point and Federal Hill Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Clausen Ely
Results 1 Realty

754 Washington Blvd
Baltimore, MD, 21230
443-421-0000
202-494-4700
clausenely@NUMBER1EXPERT.com

Eric Rice and Clausen Ely started Results 1 Realty to serve the greater Baltimore and Anne Arundel County areas. Our team of knowledgeable and dedicated agents, assistants, contractors, and other vendors put customer service above all else. As we like to say "Results 1 Realty" is open 24 hours a day, 365 days a year.

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