Setting the right price: a guide for Vendors
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 experts 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 under-pricing 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.