SEBASTIEN ST-LOUIS EXCAVAT I ON EQUIPMENT RENTAL / LOCATION D’ÉQUIPEMENT
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SELLING YOUR HOME: how to determine the asking price
Have you decided to sell your home? To attract buyers, you will have to advertise a competitive and realistic selling price. If you ask too much, you may lose potential visitors. And while it’s good to keep a margin for negotiating, keep in mind that buyers often shop by price range. This means that if you want to sell for $200,000, you’ll attract more visitors by advertising your home at $225,000 than at $275,000. In addition, buyers who are ready to pay $275,000 will quickly realize that other properties offer better value for the price.
On the other hand, you shouldn’t under- value your property and lose the chance to make a profit. So, how does one find the right balance? The best way is to com- pare your home with similar properties that have sold recently in your area. This will give you a good idea of the amount buyers are willing to pay for a home like yours. When setting the price, you should also take into account the current market and how much time you can wait before needing to sell or move (you may have to ask for less if you’re in a hurry to sell). Talk about your ideas with your real estate agent or a licensed appraiser; he or she will help you determine the right price for the situation.
2878, chemin St-Pascal, Saint-Pascal-Baylon
Before deciding on a selling price, compare your home with similar properties that have sold recently in your neighbourhood.
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