One of the most important decisions we will make together is determining the right price for your property.  Once we have set an asking price, we will market and promote your property to ensure that it is well exposed.  This will help to sell your property for the best price in the least amount of time.

There are many benefits of pricing your home correctly.  These include:

• Your property selling more quickly becuase it is exposed to qualified buyers.
• It doesn’t “get stale” sitting on the market at the wrong price.
• A well priced property may generate multiple offers.
• Other realtors will be enthusiastic about showing your home to buyers.

It is important to remember that the market ultimately determines the true value of your property.  Before comparing your home to similar properties to establish an asking price, the following factors should be considered.  Of course we will review this information with you.

• Location
• Size
• Style
• Condtition
• Ammenities
• Market conditions

Many people believe that if they price their home high initially, they can lower it later.   Often, when a home is priced too high, it experiences little activity. Gradually the price will come down to market value, but by that time it has been on the market too long and some buyers will be wary and reject the property.   On occasion, the price is dropped below the market value because the seller runs out of time. The property may then sell for below its true value.

It is true that interested buyers can always make an offer, but if the home is overpriced, potential buyers looking in a lower price range may not have seen it.

When a property comes on the market, there is a flurry of activity surrounding it. This is a crucial time when the market notices the property.  If the home is overpriced, it doesn’t take long for interested parties to lose interest. By the time the price drops, many Buyers may be lost.

If you would like us to prepare a free market evaluation please call or email today.