pricing your home when selling depends
on many important factors. Housing prices can rise or fall in just
a few weeks. Interest rates, international current affairs, oil
prices and local events can all affect the housing industry. Analyzing
these and other factors that affect your selling price, requires
skill and knowledge of the real estate industry.
Benefits of Properly Pricing:
priced homes generally sell more quickly then when the
home is incorrectly or improperly priced.
- Many times
offered price is closer to the listed price.
- You avoid
expired listings. Some buyers believe expires indicate the
home was over- priced to begin with or that there is something
wrong with the home.
in the "Selling Strategy" when you price properly.
some homes on the market too long , end up selling even below
their calculated fair market value.
discouraging potential purchasers who think the home is out
of their reach.
target market of potential buyers.
- Family inconveniences
do not have to go on any longer than necessary.
- Make informed
pricing decisions. The potential exists to undervalue your
property as well.
*(1997) Based on Close Transactions
1998, Laura Oyen, Calgary Realtor, All rights Reserved