Price it
right. Trying to make your house stand out by offering
potential buyers enticements like bonus of $1,000 or a set of golf clubs
is so last month...really it is. Today it’s all
about price and it has been for quite some time. Homes sell most quickly if they are put on the market at a
price that’s just
a bit lower than those of similar
homes in the area.
Buyers have lots of homes to choose from
now that we are going into the fall market in Orangevvile, and they’ll move on quickly if you don’t offer the best deal.
Don’t waste time floating a high price out
there just to see if you get a nibble. You have to stay more current
than in the
past, so your Realtor(that's me :) should show you
the prices of comparable homes that have sold in the past
2 months, not 4
months ago. And if
you don’t get an offer in four to six weeks, drop the price to reflect what is going on in the market.
I Think in round numbers. About 80
percent of people buying and selling homes today get information by
searching online multiple-listing sites like
Realtor.ca, which is run by the Canadian Real Estate Association. To conduct a search on that site,
buyers specify a price
range, beginning and ending with
round numbers. So if you price your home that way, more people will see
it.
“I tell my clients not to list a house at $349,000; put it on
the market at $350,000 instead. That way
people shopping online for houses
from $300,000 to $350,000 will see your home, and so will people looking
between $350,000
and $400,000.”