How Much Is My Property Worth?
The main aim when selling is to attract a wide range of keen buyers.
When the price is right, it can create a bidding war. Buyers may end up offering more for a property than the original selling price.
The challenge for many sellers is how to price their home to minimise time on the market and maximise price.
Properties that sell quickly are ones that offer better value than competing properties.
We believe value is a combination of condition, accommodation, location and price. Condition is critical, as the property may offer value, but at the same time, may need work.
Many buyers are loath to start renovations.
Today’s buyers are generally between the ages of 27 and 40.
They scout out areas that interest them. They are tech-savvy. They research property transfers in the area to get a feel for prices.
So the key is to find the sweet spot when it comes to pricing a property.
The litmus test of whether a property is priced within market range is when buyers make written offers.
