When it c
A lot of sellers have the misconception that they can price their homes according to what they see listed as active on the market. What sellers don’t see are what they actually sold for, which could be significantly different. If the property was priced correctly according to market value, it will probably sell close to asking. However there is also a strong possibility that the vendor decides to put their house on the market to see how much they can get for it, and over-inflate it’s value.
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When it comes time to pricing your home, there is only one thing you need to know, “what are the sold comparables”? Why is it so important to price your home correctly? To attract real estate buyers. These days with the Internet, real estate buyers are very savvy. Just on your curb appeal alone along with the sales price will tell them whether or not they want to go further and see the inside of your home. |
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A lot of people misinterpret the facts. They look at their neighbour’s house that is active on the market and the one down the street. Those figures will only tell you one thing: what they want for their house, which doesn’t necessarily mean they are in the right ballpark to attract buyers.
To accurately find out if you are pricing your home right you’ll need to get in touch with a real estate agent. They have the software to accurately find out which homes sold for what in your area. These facts will help during the negotiation so you know where you stand.
MEET JENN
Real Estate Broker & Educator
Jennifer Lynn Walker has specialized in buying and selling both residential and multiplex properties since 2003. She’s built a strong network of specialist, to give her clients a seamless experience throughout the real estate journey. Founder of Montreal Real Estate Investor’s Group, and Jolly Green Homes. How can I help you today?
