The Challenge of Selling at the Right Price

Determining the right selling price is a crucial step when selling a property. Indeed, the asking price is often the determining factor in any potential buyer's decision.

The role of comparative market analysis

Your real estate broker, thanks to their exclusive access to the Centris® system reserved for real estate brokers. He has the tools necessary to assess the value of your property. They perform a comparative market analysis based on properties similar to yours that have recently sold in your neighborhood. This analysis determines the price that current buyers are willing to pay for a home comparable to yours in a similar area. It takes into account the specific features of your property as well as current real estate market conditions.

The Right Price to Start on the Right Foot

To sell without delay, it is very important to take the time to set a fair selling price from the start. If the price is too high, potential buyers may become discouraged, while those who can afford to buy your property will quickly realize they can get better value elsewhere. Additionally, remember that a property that has been on the market for too long tends to lose value.

Selling alone is a risky endeavor. Without in-depth knowledge of the market, you could undervalue your property and lose a significant profit. In this regard, a real estate broker is the professional best positioned to help you get the most out of your real estate transaction.

Setting the right price from the outset is all to your advantage: you will ensure attracting the maximum number of potential buyers and thus sell your property as quickly as possible.