How To Price Your Property In Scottsdale, Arizona

Attract Buyers

Pricing your property competitively will generate the most activity from agents and brokers. While, pricing your property too high may make it necessary to reduce to below market value, to compete with newer listings. The value of your home is determined by how much your buyer is willing to pay and the seller is willing to accept in today’s market. Buyers make their pricing decision based on comparing your property to other properties sold in your area. Historically, your 1st offer is usually your best!

Pricing Misconceptions

Sellers Market

In a market with rising home values, if a seller wants a price ahead of the market, the market may go up enough to make that price attractive to buyers. Time can cure some mistakes and make people look smart.

Buyers market

If sellers fall behind the market with falling home values, they can end up chasing the market down, because home values are always falling faster than their price reductions.
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