News

Determining A Realistic Asking Price for Your Property

By Silvia Wei

Having made the decision to sell your home? Your next task is to select a real estate agent to guide you through the sales process and to secondly determine a realistic asking price. There are a number of factors that come into pricing your property, which can include:

The condition of the property

Whether it is presented in an attractive state or in need of repair will determine where it sits in the market with respect to value. This in turn drives interest from potential buyers, which is essential to the sales process.

The location of the property

Highly sought after streets and areas often attract quality prices. A property’s proximity to key amenities such as shops, schools and parkland is also a key factor.

What similar properties are selling for in the area

This assessment provides a good indicator of the price range. In order to attract genuine interest it is advisable to set a realistic asking price at the commencement of the sale process rather than over pricing and then dropping the price.

Be guided by your real estate agent

A good real estate agent will suggest a listing price that provides value to you the seller, but also attracts interest from buyers.

Our Managing Director Anthony Cavallaro is a committed professional in every sense of the word. He has worked in real estate in both Melbourne and Sydney for more than 20 years. Consistently working to achieve exceptional outcomes for his vendors, Anthony believes that having a solid understanding of the individual client’s needs is paramount to develop the most effective marketing strategy.

Call us on 9289 8989 for a FREE appraisal, expert advice and help to get you ready for your Spring sale!

Up to Date

Latest News

  • Sydney Office Market Reaches Fever Pitch

    Sydney’s red-hot office market has posted enormous growth, with capital values surging a third in the first eight months of the year. Investors vying for space have helped push up the figure. Tenants facing huge rental hikes are turning to co-working spaces as they feel the squeeze. New data from … Read more

    Read Full Post

  • Simple Secrets to Success: The Value in Commercial Real Estate Agents

    No commercial real estate sale is easy. For that reason, the simple secret behind any successful transaction is always hard work – backed up by your individual real estate agent’s experience and supported by the infrastructure of their agency. Michael Buium talks us through the processes of a good commercial agent. … Read more

    Read Full Post