Accurately Pricing Your Home
Posted on Nov 16, 2023 in Selling
At Market Value
Attracting Potential Buyers: Pricing your home at a realistic and competitive price will attract more potential buyers. When a property is...
Underpricing Your Home
Posted on Nov 09, 2023 in Selling
Under Market Value
Underpricing refers to setting a listing price below the market value of comparable properties.
While we generally recommend pricing your home accurately and competitively, some sellers might consider underpricing as a strategic approach in certain circumstances. Although it can carry some risks, there are potential advantages and...
Overpricing Your Home
Posted on Nov 06, 2023 in Selling
Over Market Value
Overpricing your home can have several disadvantages that can hinder the successful sale of your property. We've taken the time to explain some of the key drawbacks of overpricing.
Limited Buyer Interest: Overpricing your home is likely to deter potential buyers from showing interest in your home. Buyers are usually well-informed an...
Factors to Selling Your Home
Posted on Nov 05, 2023 in Selling
The real estate market can be categorized into three markets; A Buyer's Market, a Seller's Market, and a Balanced Market. As a buyer or seller, knowing which type of market you are in can help you understand what to expect when buying a new home or selling your current one.
Buyer's Market: A Buyer's Market occurs when more properties are available f...
Determining the Value of Your Home
Posted on Nov 03, 2023 in Selling
The market ultimately determines the true value of your property. A practical definition of your home's appropriate value is what a motivated buyer is willing to pay and what a seller is willing to accept.
A Comparative Market Analysis (CMA) is a widely used tool in the real estate industry to determine the market value of a property. It is a detail...
Home Selling Checklist
Posted on Apr 29, 2023 in Selling
With offices in Lucan and London, we service the whole London and St. Thomas Real Estate Board as well as Lambton County and Huron Perth. The Century 21, Radcliffe Real Estate Team has an excellent roster of Sales Agents to assist you with Buying, Selling, or New Home Construction!
Together we have over 80 years of combined Real Estate experience. O...