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Pricing your property
To price your property for sale is both an art and a science. Industry statistics demonstrate that a house captures the imagination of realtors and prospective buyers during the first two weeks that it comes on the market. The level of enthusiasm and excitement reduces dramatically over time, thus affecting the final selling price.
Ultimately, you determine the listing price of your home. However, here are factors to consider:
- Pricing strategy depends on market conditions,
- Best exposure is during the first 3 to 5 weeks,
- Well-priced homes sell quickly,
- The longer a home is on the market, the lower the selling price,
- The "right" price attracts qualified buyers, and
- Overpricing a property loses buyers that would purchase at the "right" price.
So, how do you determine a price? Let me conduct a Comparative Market Analysis on your behalf at no cost and at no obligation.
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