Adequately pricing your home is a key point to the success of the sale. Today’s purchasers are savvy and along with their real estate agent they are aware of current market trends and what neighbouring homes have sold for. Today’s buyers are educated.
If a home is over-priced many negative outcomes can happen:
What is the Key to Effective Pricing?
The key is analyzing the data of other homes sold in your neighbourhood, and understanding current market conditions and mortgage rates to set the most effective price for your home to attract qualified buyers.