Be aware of the purchaser's point of view in
setting a list price for your home. They'll be looking at a list of properties
(obtained from a RealtorŪ or online search) in your neighbourhood and choosing
which ones they'd like to see. Keep in mind the following factors:
- With the price set too high, your house may
look too expensive to be considered by some buyers, even if it's the best
looking property on the street.
- By pricing too low, you'll miss the
opportunity to meet buyers who may pay more, even though the house will sell
quickly.
The best methods of determining the best price
for your home is to call your RealtorŪ and have them offer the following data:
- Comparable sales in the area.
- An analysis of current market conditions.
- Assistance in creating offering incentives.
- Calculating approximately your net
proceeds.
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