A recent article in the Globe and Mail addressed a popular problem amongst sellers. The debate over pricing one’s home “high” or “low” certainly has detractors on each side.
Personally, our strategy is usually the same regardless of
the home. While you never want to
undervalue your home and walk away feeling as though you didn’t receive fair
compensation, overpricing is a danger that can discourage buyers from
considering your property.
The market will usually dictate the price of your home. If you’ve priced your property
accordingly, then the chances of fair and even multiple offers increases
exponentially.
A point that is brought up in the article, and that is
important to remember, is that you need to see past your own personal
attachment to your home. We all
have a special place in our heart for certain improvements and projects that
we’ve done around the house, but the market sets the value of our home,
sometimes regardless of factors like these. Let us conduct the research and price your home accordingly,
and your chances of getting a more than fair return will increase dramatically.
