Are you planning to sell your home?
It is very important to price your home correctly when coming to the market.
There are 3 things that we do when getting ready to price the property accurately:
1. We want to know what the comparable solds are in the area
This would mean if you are selling in an apartment or condo-style home, having to know what has been sold recently in your building, block, or neighborhood.
It is the same process for a house, however wanting to know what recently sold on your street and what was recently sold in your area.
So how long in advance should I check to see what sold in my area?
You could go back 3 weeks, 6 months, or maybe even longer, depending on what kind of market we are going through.
2. Know what your competition looks like.
A printout of all the homes that are currently on the market in your neighborhood is a good idea to keep track of this information.
Why should you know this information?
With this copy of all the listed properties in your area you’ll be able to see where you are slotted in, in terms of asking price.
3. Know which market you are in: buyers market, seller's market, or balanced market.
If you have any questions on how to price your home directly, please contact us —we’d love to answer them!
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