Pricing accurately

 
One of the most important aspects of marketing your cottage property is making sure it is priced accurately. Your Realtor should meet with you to review sales history, discuss current market trends and other properties that are currently on the market.

As we move from a seller's market to a buyer's market (view our sales stats page, to see trends in our marketplace), pricing becomes more crucial than ever. When buyers have more properties to choose from, yours must stand out from the others, and offer good value.

It is important for sellers to understand that overpricing a property can be a costly mistake. Properties that are overpriced often sit on the market for long periods of time, and buyers may think there is something wrong with the property, when in fact the real problem is the price.

Furthermore, many sellers make the mistake of assuming that buyers will simply make so-called "low ball" offers on a property that is priced too high. However, this is rarely the case. For evidence of this, go to our sales stats page and look at the historical ratios of listing-to-sale prices. You'll see that for over a decade, cottage list-to-sale ratios have averaged between 94% and 96% in Haliburton. Buyers don't want to insult a seller or waste the seller's time; if buyers feel a property is priced far too high, they will
simply move on.

Pricing is part art, part science and is always at least partly subjective, especially when it comes to cottages. The bottom line is that in the current market, your price needs to be realistic, and your cottage needs to offer excellent value for money, compared to the competition.





What you get when You decide to work with Me:
   

Real Estate is about people and Daniela's goal is to have 100% customer satisfaction! Daniela looks forward to assisting you with your real estate goals.

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