This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies. More information

Maya Garg
Broker

Royal LePage Signature Realty, Brokerage
Visit me on Facebook
Visit me on LinkedIn
My videos on YouTube
Follow me on Twitter
Visit  blog
3 FREE REAL ESTATE E-BOOKS
Royal Lepage Television
Personal Information
My Property Videos
Search For Property
Buying Home
Home Staging
MOVING
Seniors in Transition
Selling Home
WHY MY HOUSE DIDN'T SELL?
TITLE INSURANCE
Information Center
Newsletter-Informed Home Buyer/Seller
Market Watch- Real Estate Update
Maya's Blog
Mississauga
Milton
Oakville
Brampton
Moving to Canada
Profiles of Success
Neighbourhood Research Assistant
Client Reports
VISITOR INFORMATION
HOMES AND GARDEN TIPS
GTAWESTHomes Maya Garg's Real Estate Blog
Maya Garg-Moving You Forward
Setting Your List Price Requires Calculation and Savvy
Friday, 09 November 2018, 06:10:00 PM

When you're having a garage sale, one of the toughest tasks is pricing your items. If you put a price tag on your old golf clubs that’s too high, no one will buy them. If you make the price too low, they might sell quickly, but you’ll spend the rest of the day wondering if you could have gotten more!

It's similar to selling your home — except with your home, the stakes are much higher.

You want to price your property to sell, but you don’t want to leave any money on the table.

How do you accomplish that?

Setting the right list price for your home requires a combination of skilled calculation and industry savvy.

Let's start with the "calculation" part...

When you work with me, I'll review recently sold properties that are similar to yours in type, size, features and location. Then, using that data, we’ll calculate a range that represents your property's "current market value."

For example, consider a spacious 15-year-old bungalow in a nice neighbourhood. If similar homes in the area have sold for $475,000- $550,000 in the last six months, then it's obvious that your home should sell in that range too. A list price above or below that range would be in the danger zone.

But skilled calculation is only half the task.

Setting your list price also requires expertise in the local market, combined with good old-fashioned gut instinct. That instinct comes from being on the front lines of many property transactions.

That's why working with a good real estate salesperson is so important, when you’re deciding on the list price for your home.

Want to discuss selling your home? Call me.

Tags:  
no comments so far
adminlistingsprivacy policycontactsite map
Copyright © 2002-2019. All rights reserved.
Real Estate Software by Lone Wolf Technologies.
Lone Wolf Technologies