Setting the right price: a guide for sellers
Pricing your property can be a tricky task. However, it is crucial to correctly price your property to attract buyers and secure a successful sale. Our expert valuers will be able to guide you and assist you with setting a price when we complete an in-person valuation; here's an insight into how you can set the best price:
Research the market
- Look at recent sales in your area to understand the market value of similar properties.
- Consider current market conditions—whether it's a buyer's or seller's market as this can influence pricing.
Assess your property's features
- Highlight key selling points like location, size, condition, and upgrades.
- Adjust the price if your property needs significant repairs compared to similar homes.
Consider your selling goals
- If you need a quick sale, pricing slightly below market value can attract more interest.
- You can set a price closer to or above the market average for a less urgent sale.
Be competitive but realistic
- Overpricing can deter buyers, while underpricing may leave money on the table.
- Review feedback from initial viewings to gauge if adjustments are needed.
By thoroughly researching and consulting with our expert team, we can confidently set a price that reflects your property's value while meeting your goals.