The single most important decision you will make with me, as your Real Estate Professional, is determining the right asking price for your Home.
Once you've determined a realistic listing price, you can count on your property being professionally marketed and promoted to bring more potential buyers to your door. It will be likely for you to sell your home for the best possible price in the shortest time.
Benefits include:
- Your property sells a lot quicker, since it is exposed to more qualified buyers.
- Your home will not lose its "marketability".
- The closer you price your home to market value, the higher the offers will be.
- A well-priced property may result in competing offers.
- Other Realtors will be more keen on presenting your property to their buyer clients.
Consequences of Over Pricing ??? Read more
Some homeowners in Streetsville Glen think that they would try to list their home at a higher price and if it doesn't sell, they can always lower the price at a later date.
However, when your Brampton home is priced too much over the market value, it will result in little activity. Showings will be scarce and gradually the price will come down to market value. At that time it's been on the market too long and some potential buyers will be wary and reject the property. It is not uncommon that the price is decreased below the market value as the seller becomes impatient, or if the seller has already bought a home, the seller may be desperate to sell in order to finance the new home. In the end, the property sells for less than it's worth.
Missing The Right Buyer
Some sellers may think that willing buyers "can always make an offer". The fact is, if a home is overpriced, a right buyer looking in a lower price range will never see it. Realtors always work with the buyers to find them a home that they can afford. An overpriced property will not show up on the search list for the right buyer.
Furthermore, those buyers who can afford a home at your asking price will quickly recognize that they can get a better value elsewhere when their Realtor give them the listings of the comparable homes on the market.
Early Activity
As soon as a property comes on the market, there is usually a flurry of activity surrounding it. This is a crucial time when Realtors and potential buyers sit up and take notice.
If your Brampton home is priced too high, it will not take long for potential buyers to lose interest. By the time the price drops, a majority of interested buyers are lost.
I, as your Real Estate Professional, can help you to determine the RIGHT PRICE for your home. Contact me for a FREE HOME EVALUATION when you are ready to sell.
