Pricing Your Home
Market Value
More buyers purchase their properties at Market Value than above Market Value. If you price your property at Market Value, you are exposing it to a much greater percentage of prospective buyers and you are increasing your opportunity for sale.
You want to price as close to Market Value as possible for two reasons:
So that the property will appraise for any purchasers who are utilizing a loan.
So that your property does not sit on market and cause potential buyers to wonder what is wrong with it.
Timing
Timing is extremely important in the real estate industry.
A property attracts the most activity from the real estate community and potential buyers in the first week it is listed. It has the greatest potential to sell when it is new to market.
