SME short notes on Common Misconceptions in Pricing
Posted by Ripon Abu Hasnat on Thursday, November 19, 2015 | 0 comments
The value of your property is determined by what a BUYER is willing to pay and a SELLER is willing to accept in today’s market. Buyers make their pricing decision based on comparing your property to other property SOLD in your area.
Pricing Misconceptions:
NOT ..... What you paid.
NOT..... What you want.
NOT..... What you need.
NOT..... What your neighbor says.
NOT..... What it costs to rebuild.
It is very important to price your property at competitive market value at the signing of the listing agreement. Historically, your first offer is usually your best offer.
Pricing Misconceptions:
NOT ..... What you paid.
NOT..... What you want.
NOT..... What you need.
NOT..... What your neighbor says.
NOT..... What it costs to rebuild.
It is very important to price your property at competitive market value at the signing of the listing agreement. Historically, your first offer is usually your best offer. 
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