HOME > Starting with a high sales price?

Want to start off at a high sales price? Before making such a decision, you should be aware of the following

1) What is the right selling price?
Once you have decided to sell, you need to get a fix on how much it is worth on the market. This information can be procured initially by asking around in the neighbourhood about similar properties that have been sold recently.  Keep in mind that appraisers and loan agents might under value the property based on established practices. Your house is worth as much as the buyer wants to pay for it and the quest is to find a client willing to pay the most.

2) Don’t be a victim of “Buying a Listing”
In your search for the best agent to handle your sale, you may come across various companies and agents who will offer market analysis along with a suggested sales price. Some prices may actually be much lower than you expected. Try to avoid settling for the agent who seems to mention a higher price perhaps above what you are expecting. In this case you may be the victim of a sales practice called ‘buying a listing’. This means that the agent has managed to get you on as a client but will eventually talk you into lowering the rate. An agent who works in this manner is usually not popular with other agents thereby reducing the chances of your house getting the best possible exposure.   

3) Fast closing VS highest sale price
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