You want your buyers to be interested in your property. The first thing most buyers are interested to know is the price. With that in mind, you want to ensure that your property is on the market for a price that will attract buyers, but will still provide you with a good return.
What is Market Value? A Real Estate Agent is there to help you correctly price your property. Deciding on true market value is where the agent’s expertise will come into play. Prior experience and knowledge will make certain that your property is priced well. Regardless of the original price you paid for the property, or even improvements you have made over the years, market value is still based on what buyers are paying for similar properties at the time you put yours on the market.
Don’t Lose a Potential Buyer The rule of thumb is that buyers look at about twelve properties before they make an offer. This will give them a great idea of whether or not your property is well priced. If it is priced too high, you have just lost a potential buyer.
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JOVI REALTY INC. #201 - 2010 E. 48th Ave. Vancouver, B.C. V5P 1R8 604.202.2929