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BUYERS KNOW THE MARKET

MARKET KNOWLEDGE

It's quite simple, a Buyer is just not going to pay any more than they have to when purchasing a home.
They have been watching the market closely, and are out there looking at all the inventory. They know more than anyone what is available, and for how much. If your price is within the range of your market, Buyers will come look at your home. If you are priced too high, they probably will skip it. Your high price will make your competition look good, and will get them sold, not you. If you had time to only see 3 homes in this neighborhood, which 3 would you go look at?
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THE SELLING EQUATION PRICE+EXPOSURE=SOLD

Trying To Understand A Fluctuating Real Estate Market, 
You must first start out with the correct, accurate pricing for your home. Then once we have the home priced right, we will heavily market the home to both potential buyers as well as to others Realtors in the area. We have established many great avenues and resources for marketing your home, but if we are overpriced, all of our extensive marketing efforts will go to waste. When your home is priced right within fair market value your home will benefit from the following leaning towards a successful real estate transaction on the road to sold.
Maximizes Initial Peak Interest
Buyers become curious about your home and are drawn to the price value being offered as it measures up with the current market.
Multiple Potential Buyers
With the fast turnover on property ownership has a lot to do with the great values being offered for sale, not being overpriced not being underpriced but a price thats fair with competing homes currently listed.
Buyers Come In Hot And Offer Hight
When faced with a sellers market; less inventory to the number of buyers, serious buyers will not want to chance losing out on a property so they make a stand out offer that hopefully cant be resisted. But be warned if they are getting financing a bank will not lend them more then what the home is worth.
Seller Has Leverage For Negotiations
When faced with multiple offers, the seller has the upper hand for example can sign back asking the buyer to remove all contingences to speed up closing date. But remember all you need is one really good offer. 
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HOME VALUATION

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HOME

VALUEATION

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THINKING OF SELLING

Elizabeth Hobson Toronto Real Estate Agent
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PRICING STRATEGY

WHAT IS YOUR HOME WORTH

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Trying To Understand A Fluctuating Real Estate Market, 
Or knowing the market value of your home can be extremely frustrating, especially when faced with a specific moving time frame. A comparative market analysis CMA Is the strongest tool we use when estimating the potential selling price for your home. As a member of the Board of Realtors with access to the Multiple Listing Service, we will prepare a report that analyzes comparable homes in your area. Using this valuable information, we can assist you in determining an attractive, yet realistic price for your home once a formal walk-through of your home. is complete.
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MARKET KNOWLEDGE

 
 
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GET EDUCATED

BUYER

RESOURCES

MARKET WATCH

REPORT

SELLER

RESOURCES

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GET SOCIAL

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FOLLOW ELIZABETH ON INSTAGRAM

@thekeytoyournewhome_

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