Factors to Consider when Listing Your Home
Location is the single greatest factor affecting value. A neighbourhood’s desirability is basic to a property’s fair market value.
Sellers should compare property against others in that neighbourhood. Sellers are encouraged to interpret value based on available properties in the market.
The real estate market may reflect a “buyers” or “sellers” market. Market conditions cannot be manipulated; an individually tailored marketing plan of action must be developed for each property.
The property condition will affect price and speed of sale. Optimizing physical appearance and advance preparation for marketing maximizes value.
The more terms available, the larger the market, the quicker the sale and the higher the price. Terms structured to meet your objectives are important to successful marketing.
If the property is not properly priced, a sale may be delayed or even prevented. Reviewing the Comparative Market Analysis assists you in determining the best possible price.