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How to price your house to sell fast?

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0 2022-07-14T18:05:02+00:00

My uncle had purchased a property as an investment for his kid's education many years ago. Recently, the kid got admission to a really good college and my uncle wanted to sell his property to pay the fees. As you must know, the real estate market has been sluggish for the past couple of years. He was struggling to find a buyer. That’s when my father gave some really good tips on how to price your house to sell fast:

How to Price a House for Sale

You need to understand the market trends if you are looking to sell your property quickly. This will help you to quote the right price for your house.

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Understand the Market Trends

For this, find out the number of properties that are up for sale in your locality as well as the prices that the sellers are quoting. You can also check how inferior or superior those properties are in comparison to your property. Consider the average sale price at which similar properties were sold in the last three to six months in the neighbourhood to determine the right price for your property. Go through real estate portals like NoBroker, etc., real estate magazines, and consult property dealers.

Set the Right Price

Be careful about the price that you should quote for your house. If you will quote an extremely high price, then you may not attract any buyers. If you will quote an extremely low price, then you may regret it in the future. You may find these answers helpful:

How to calculate market value of a property?

How to check market value of property?

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I hope this answers your query on how to price your house to sell fast.

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