Market price is not a determinant of whether
Posted: Sat Dec 28, 2024 6:54 am
If not, the cost of the renovation is not included in the price of the house. Ok. You already know how to check the market price, now I want to tell you the most important thing in this article. When selling a house, you must… 3) Study Competitors and Demand In today's market, almost all properties are priced according to the market price. But why are the majority not selling? Is it because of lack of marketing? No.
The answer is..a home will sell quickly. Instead, cyprus whatsapp number database you must take into account your competitors' prices when setting the selling price. house market price For example. If the market price of your house is RM500,000 and your competitor is selling it for RM400,000, it will definitely be difficult for your house to sell. This is the reason why there is so much overselling in the market right now.
So I can say, the formula for setting the selling price is this: Selling price = market price or competitor's price, whichever is lower . If you follow this formula, your house will sell quickly, God willing. So, how do you check competitors' prices? Check the classifieds portal and see the highest and lowest prices for nearby houses . Make sure the house features are similar.
The answer is..a home will sell quickly. Instead, cyprus whatsapp number database you must take into account your competitors' prices when setting the selling price. house market price For example. If the market price of your house is RM500,000 and your competitor is selling it for RM400,000, it will definitely be difficult for your house to sell. This is the reason why there is so much overselling in the market right now.
So I can say, the formula for setting the selling price is this: Selling price = market price or competitor's price, whichever is lower . If you follow this formula, your house will sell quickly, God willing. So, how do you check competitors' prices? Check the classifieds portal and see the highest and lowest prices for nearby houses . Make sure the house features are similar.