Factors That Affect Price

As asking price that is beyond market range can adversely affect the marketing of a property.
 
As a seller, you control:
  • The price you ask
  • Property condition
  • Access to the property
  • Terms of the sale
As a seller, you do not control:
  • Market conditions
  • Motivation of your competition
  • Motivation of your buyer
  • Financial market
What is the impact of pricing?
  • Properties priced within market range generate more showings and offers and sell in a shorter period of time.
  • Properties that are priced too high have a difficult time selling.
  • Agents will preview your property and then not show it if they are finding better properties in your price range.
  • Buyers will visit your property with no results if they are finding better properties in your price range.