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Real Estate Tips
Pricing >Price and Condition

Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.

If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.

Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.

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Real Estate Trivia
Q 
In what area of the United States did the price of existing homes increase most dramatically in 2005?

A 
Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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The Stuart Sinclair Team, REALTOR®, real estate agent and broker for Bolton, Caledon and Brampton, Ontario home listings, property and land for sale - NUMBER1EXPERT

Stuart Sinclair, Sales Representative
RE/MAX West Realty Inc., Brokerage

1 Queensgate Blvd.
Bolton, Ontario L7E 2X7
Office: 905-857-7653
Toll Free: 866-219-7770
Fax: 905-857-7671
Email: ssinclair@trebnet.com

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Equal Housing MLS REALTOR


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