Tanya Rankin and Williams Lake Real Estate Explain That There Are 2 Ways To Price Real Estate
Tanya Rankin: Hi it’s Tanya Rankin in Williams Lake. There’s two ways that realtors go about pricing properties. You have to find a realtor that really strives to be accurate, upfront and honest right from the start sometimes they lose a listing because they tell you what you don’t want a necessarily here but they’re giving you accurate information so you can make an informed decision and properly pricing your property. When it’s properly priced often you get an offer very very close to your asking sometimes we get it even just over your asking but the goal is to price it properly so it demand attention immediately. The other way that a lot of people can buy listings is by over pricing the property it sounds fantastic you think their price is great, you feel excited about it but surely that after you realize you’re not getting showings, you’re getting the out showings, you’re not getting listings, you’re starting not hearing from the agent, you’re unsure to why your property isn’t selling and then they start asking for the price reduction. Eventually they’ll get that price reduction low enough that is price for its need to be in order to get an offer but the problem with that style of selling homes is often you end up letting far less than had you price your property properly right from the start it become stayed on the market, people look at the number of days it’s been on the market, combined with the fact that they also start to feel there could be something wrong as why is that one of the only homes that isn’t selling in a good location. I don’t know it’s a tough obstacle to overcome in the industry and of course if the seller is so difficult to know which price or which realtor is giving you an accurate opinion of value. I always believe my job is easy when you can tell everybody what they want to hear it’s a lot more difficult when you have to tell people what they don’t want to hear and prove to them or justify by using comparable sales data to prove why the price you giving them is inaccurate reflections of true market value. I don’t know seems to me the result speak for themselves when properties are price properly they sell. If you have any questions send me an email anytime to email@example.com and I hope you have a fantastic week.