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Underpricing Your Home

Posted on Nov 09, 2023 in Selling

Under Market Value

Underpricing refers to setting a listing price below the market value of comparable properties.

While we generally recommend pricing your home accurately and competitively, some sellers might consider underpricing as a strategic approach in certain circumstances. Although it can carry some risks, there are potential advantages and...

Overpricing Your Home

Posted on Nov 06, 2023 in Selling

Over Market Value

Overpricing your home can have several disadvantages that can hinder the successful sale of your property. We've taken the time to explain some of the key drawbacks of overpricing.

Limited Buyer Interest: Overpricing your home is likely to deter potential buyers from showing interest in your home. Buyers are usually well-informed an...

Factors to Selling Your Home

Posted on Nov 05, 2023 in Selling

The real estate market can be categorized into three markets; A Buyer's Market, a Seller's Market, and a Balanced Market. As a buyer or seller, knowing which type of market you are in can help you understand what to expect when buying a new home or selling your current one.

Buyer's Market: A Buyer's Market occurs when more properties are available f...

Determining the Value of Your Home

Posted on Nov 03, 2023 in Selling

The market ultimately determines the true value of your property. A practical definition of your home's appropriate value is what a motivated buyer is willing to pay and what a seller is willing to accept.