When I sold my house in 2013, I was convinced that I should get about $425K for it, despite a recent appraisal for much less. I brought this price to my realtor, Isabelle, and she advised me to set the price in the $410K range, based on recent comparable sales and the market trends. I insisted on my own price, but after 3 months, with absolutely no action, we reduced the price, and very quickly I had an offer! We negotiated a bit, and when the dust settled…we got a firm agreement at $411K, essentially the price that Isabelle had suggested to start with!!
Parts of the Ottawa area are in a seller’s market right now, so you would expect that houses would be getting snapped up – after all, demand is outstripping supply, right? Instead, there are houses on the market for 30 days, 60 days, or longer. Why does this happen? Because, like I did in 2013, the sellers have set an asking price that won’t work for the situation.
It is a bit of a truism that you can sell anything, to the right buyer, for the right price – the right price is the one that will appeal to enough people that the right buyer will become interested. As realtors, we have the tools, the training, and the perspective to help you to set a price that will get a good return on your investment.
If you are planning on selling your house, give me a call, and we can meet to talk about how to best present your home to appeal to the market. Looking forward to talking to you soon!
Tamara Wiens | C: 613-882-7923 | E: email@example.com | W: www.tamarawiens.com