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How should I price my property?

Author: 
Condos.ca Staff
Publication date:
April 19, 2022
Article Summary: 

The article discusses the different pricing strategies for selling a property, such as setting an offer date or pricing at current market value. The decision on which strategy to use depends on the property, the market, and the agent's strategy. Underpricing with an offer date can attract more buyers and spark competition, but it does not guarantee a higher price. The article suggests that not every property should be priced for an offer date and that the decision should be made with the agent's advice. Additionally, the article mentions how to handle a bully offer, which is an above-and-beyond price with no conditions that comes in before the offer date. The seller can always say no to the offer and wait for the offer date to make a decision. Ultimately, having an agent with good negotiating skills and a strong understanding of the market is essential.

Keywords: 

pricing strategy, offer date, market value, underpricing, competition, bully offer, negotiating skills.

Source Citation: 
Condos.ca Staff
How should I price my property?
April 19, 2022
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