Tuesday, August 27, 2013

How to get top dollar in any market: Factor 1

Did you know? The best chance for selling your property is within the first seven weeks! Studies show that the longer a property stays on the market, the less financial return the seller will net.


There are 5 main factors to achieving your goal of getting top dollar for your property.


Factor 1: PRICING


It is very important to price your property at a competitive market value right when you list it. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. I have found your first offer is usually your best offer.


An overpriced home:


Minimizes offers

Lowers showings

Lowers agent response

Limits financing

Limits qualified buyers

When you think about it, 80% of the marketing is done when we decide on what price to list your home.


For people unwilling to list a property at current market value, I usually recommend holding off on putting the property on the market for awhile.


Pricing is just the first of five factors in getting top dollar.






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