Overpricing V.S. Pricing Via a Comparative Market Analysis
Most sellers want to get as much money as possible back by selling their home. Regardless of how they come to a price, most sellers set the price high at first, then naturally come down a little if they don’t get any serious offers. Sellers can often overestimate the price of their home for a number of reasons, such as sentimental value, hours of labour and money put in for renovations or upgrades, and so on.
The last thing sellers want to be told is that their home is worth less than what they thought it was. Setting a fair price that both parties agree on is crucial regarding the client-realtor relationship. Setting the price of your home based off of the evaluation of a licensed…