This week's blog topic is all about the importance of pricing your home properly. When a new property initially enters the market a surge of interest occurs. We want to maximize this interest!
-the average buyer looks at 10 properties, the goals is for yours to perceive the greatest value
-properties have a greater exposure the first few weeks on the market, make sure you're priced correctly during this time
-price reductions don't reflect well on the home
-the price you set should reflect your selling goals ex. are you in a time constraint?
-competitive pricing can result in a quicker sale and more money in your pocket
-many buyers have subscribed to auto-notifications, this mean that if your home meets their criteria they are informed of your property entering the market immediately
Many people have the mind set that we should "test the waters" and then we can lower the price later if we need to however this can be extremely detrimental to the sale of your home.
I hope you found this posting helpful! Ciao for now!
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