It is important that your home is correctly priced from day one. Over pricing in this market can cause great harm to the listing as most buyers won’t even consider it an option, believing that the seller is unrealistic or not truly motivated. Buyers are extremely price sensitive and are looking for deals or best value. It’s therefore important to stay in line with the prices of comparable homes sold within the past few months and not depend on price points from a year or 2 ago as the market has changed. Also pay attention to current market trends within your neighborhood, such as the amount of similar inventory on market, closed transactions within the past 3 months, days on market at certain price points and gauging the overall demand of your type of home, ie townhouse, coop or condo. This is where a specialist like myself assists you, to help making the sale of your home, as seamless as possible.
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