Welcome or Register
Garth Johnson
The Realty House
5810 W 78th Street #200

Minneapolis, MN 55439
Phone: 952-844-1524
Fax: 952-230-7932
Email: gjohnson@therealtyhouse.com

Whether you are a buyer wanting to purchase or an asset manager looking for quality service with a proven track record, Garth Johnson and his team at Minnesota REO Experts are here to assist you! 

Garth Johnson has been a Minneapolis area agent for over 25 years. Ranked #1 agent in 2009 and #2 agent in 2010 with over 1100 sales, with an experienced team that strives on professionalism learn more About Us, your professional Minneapolis Realtor.

Thinking about buying a home? Our Team at Every week we publish Market Update Reports for each zip code and community in the Minneapolis/St Paul and surrounding areas. Now you can have access to the same up-to-date local neighborhood market data professionals use by signing up here FREE Market Analysis.

Back to Table of Contents

Setting the Price

The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.

Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:

  • houses in your price range and area that were sold within the last half-year
  • asking and selling prices of houses
  • current inventory of houses on the market
  • features of each house on the market

From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.

Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.

Always be realistic. Understand and set your price to reflect the current market situation.

Back to Table of Contents

CRS - Certified Residential SpecialistEqual Housing OpportunityGRI - Graduate, REALTOR® InstituteMLS membershipREALTOR® certification

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu