Put your property on the market at a fixed price, not a variable range one, for the reason that it is a poor tactic in any kind of real estate market, and especially in a slow one.
Unprofessional brokers often suggest variable range pricing because they do not know how to exactly price a property in today’s market. You can bet that the buyer has the lower price in mind while you are thinking higher.
Estimating your property through a Sworn Appraiser will lead you to an exact price. A properly fixed price with an addition of 5% for negotiation is the best way to list your property to sell.
By Anis Kfoury
Real Estate Consultant
Sworn Appraiser