Get the Pricing Right
Wednesday, December 14th, 2011Pricing your property at the right level (especially if you looking to make a quick house sale) is essential. During 2011 the pace of house sales slowed to a level not experienced in years and sold prices are in decline. With this in mind, it should come as a shock to most people that research has revealed that asking prices actually increased during the year.
In our experience it is very common for asking prices to not truly reflect a houses value but this research even shocked us. The difference in the movement of sold prices and asking prices could be either unrealistic expectations of the seller or over pricing by the agent in order to get the business. Either way, we believe it is essential that a seller knows the true value of their property (even if they intend to market it higher to begin with). You can find our guide to pricing your home here. Use this to understand what sale price to expect and market the property at the correct level to get the most interest.