Effective Pricing
Thursday, April 17th, 2008
If you price your property too low, you’re going to get far less money than you would have if you had done your research to find out how much your property is really worth. If you price your property too high, it might stay on the market for months and you’ll keep on paying the mortgage, tax, and insurance while it sits there.
Buyers are not interested in the personal circumstances in which you are selling your property. What you are selling is only worth what people are prepared to pay for, which is its current market value. The right price for your house should be based on what similar properties in the area sold for. The prices are generally recorded and published for public viewing. Make sure you avail of this information from your real estate broker before you set a price on your property.
