Pricing Your Kamloops, BC Home to Sell

There is a lot to get done when you are thinking of selling your home. Getting the house ready, choosing a realtor, and most importantly setting the price are some of the first tasks at hand. Knowing how to price your Kamloops, BC home to sell can seem difficult when faced with a buyer's market, but you can avoid the mistake of overpricing your original listing price by working with an experienced agent.

It may seem hard to believe, but the most common mistake some home owners and agents make is to set the listing price too high when the home first goes on the market. They want to test the market and feel that it isn't a big deal to reduce the price if needed. What most experienced agents will tell you is that overpricing your home in the beginning often leads to a lower selling price.

One of the first places to begin when determining the listing price of your home is through an MVMA Evaluation. The MVMA will give you information on the current market in your area. Knowing what comparable homes are actually selling for and how long they were on the market will help you know where to start in pricing your home. Pricing your home aggressively will determine how many agents and buyers will view your home in the all important first few weeks.

While it may seem the opposite of what you want to do, pricing your home at or slightly below market value often sees a final price 5%-10% higher than what you may have seen with a higher listing price. The better the price, the more the buyers will want to see your home. This can even lead to multiple offers - even in a down market!!

Setting the correct price for your home is just one of the steps to the Maximum Home Selling System. If you want to know more about finding the right price for your home, call Eric Putoto of Kamloops Platinum Realty Inc. He will work hard to meet your real estate needs, focusing on personal service.

Eric Putoto is the ONLY Canadian Realtor and Brokerage owner to have to have been granted an exclusive License for the most advance home selling system ever developed: the "Maximum Value Home Selling & Buying Systems."