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Common mistakes when setting the selling price

Maximising the value of your home


Selling your home is one of the most crucial moments in your financial life, and setting the right price is the key to a successful transaction. We have accompanied numerous families on this journey. Here I share my experience on the most common mistakes and how to avoid them to ensure your home sells quickly and for the best price.

1. Letting emotions dictate price

It's natural to feel emotionally attached to your home, but letting these feelings influence the selling price is a common mistake.

A comparative market analysis (MCA) provided by your real estate agent can give you an objective view of the value of your property.

2. Ignoring the current market

The real estate market is dynamic and what worked a year ago may not be effective today. Stay informed about recent trends and adjust your strategy accordingly.

3. Not adjusting to market feedback. 

Buyers want to visualise their life in your home, not yours. A clean, neutral space is a blank canvas for buyers' dreams.

4. Price based on personal financial needs. 

Your need to get a certain amount of money from the sale should not dictate the price of your home. Target prices based on current market value are what will attract buyers.

5. Choosing the wrong agent.

An agent who promises an unrealistically high asking price can be tempting, but this often results in a property that sits on the market for too long. Choose an agent with a proven track record of realistic pricing and successful sales.

6. Ignoring the condition and presentation of the property

The condition of your home has a direct impact on its market value.

 

Don't let price be an obstacle to your success.

If you're ready to sell your home and want to do it right the first time, I'm here to help.

Contact us today for a free market assessment and let's get started on the journey to a successful sale.

Your home deserves the best price and I'm here to make sure you get it.

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