Comments on: Reasons why you shouldn’t overprice your home. http://montrealrealestateblog.com/should-you-start-out-with-a-high-listing-price/ A daily dose of the local market. Sat, 11 Oct 2008 15:38:28 +0000 http://wordpress.org/?v=2.6.2 By: Deyanira Bautista http://montrealrealestateblog.com/should-you-start-out-with-a-high-listing-price/#comment-231 Deyanira Bautista Wed, 02 Apr 2008 03:07:32 +0000 http://montrealrealestateblog.com/?p=60#comment-231 Good question, JJ. Sometimes, listing agents/vendors might want to test out the market and list a home a little higher than the comparable properties. Why? If your property has better features than the comparables, you can adjust the price to be higher, accordingly. But, ultimately, it's the current market ( willing buyers) who will determine if the price is right or not. If your property was properly advertised (and listed with a competitive price), you should get visitors, and offers. If the market changed from the time the brokerage contract was signed, prices should be modified to a more accommodate the changes. The marketing of a home, should always be aggressive. Good question, JJ.

Sometimes, listing agents/vendors might want to test out the market and list a home a little higher than the comparable properties. Why? If your property has better features than the comparables, you can adjust the price to be higher, accordingly.

But, ultimately, it’s the current market ( willing buyers) who will determine if the price is right or not.

If your property was properly advertised (and listed with a competitive price), you should get visitors, and offers.

If the market changed from the time the brokerage contract was signed, prices should be modified to a more accommodate the changes.

The marketing of a home, should always be aggressive.

]]> By: JJ http://montrealrealestateblog.com/should-you-start-out-with-a-high-listing-price/#comment-224 JJ Mon, 31 Mar 2008 16:25:48 +0000 http://montrealrealestateblog.com/?p=60#comment-224 How about when an experienced agent listed your home high (according to her advice) and later asked you to lower the price and said she wanted to be more aggressive on the market? Great article! How about when an experienced agent listed your home high (according to her advice) and later asked you to lower the price and said she wanted to be more aggressive on the market?

Great article!

]]> By: property in france http://montrealrealestateblog.com/should-you-start-out-with-a-high-listing-price/#comment-5 property in france Sun, 04 Nov 2007 12:50:35 +0000 http://montrealrealestateblog.com/?p=60#comment-5 thanks for giving the valuable information blogger , thanks for giving the valuable information blogger ,

]]> By: Deya http://montrealrealestateblog.com/should-you-start-out-with-a-high-listing-price/#comment-4 Deya Sat, 12 May 2007 13:11:11 +0000 http://montrealrealestateblog.com/?p=60#comment-4 These days, it takes ¨¨Print media Proof¨ like articles and news, to bring at your listing presentation and show the vendor´s what damage they are doing to their own sale by over pricing. The problem here in Montreal is that most vendors still think they can ask a high price because the market is still good. Truth is, things are changing...rapidly. Thanks for visiting! These days, it takes ¨¨Print media Proof¨ like articles and news, to bring at your listing presentation and show the vendor´s what damage they are doing to their own sale by over pricing.

The problem here in Montreal is that most vendors still think they can ask a high price because the market is still good. Truth is, things are changing…rapidly.

Thanks for visiting!

]]> By: propertysouthafrica http://montrealrealestateblog.com/should-you-start-out-with-a-high-listing-price/#comment-3 propertysouthafrica Fri, 11 May 2007 09:43:59 +0000 http://montrealrealestateblog.com/?p=60#comment-3 Absolutely true! I so wish that sellers will understand this. Overpricing leads to over exposure which leads to much lower offers. Absolutely true! I so wish that sellers will understand this. Overpricing leads to over exposure which leads to much lower offers.

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