Striving for success in Calgary real estate business runs parallel with the basics of a successful life in general. There is some truth to the statement that to be successful, you prefer to be the first child, the second spouse, or the third realtor. Agents who acquired listings after sellers make major mistakes, will truly learn some lessons.
For the love of money in Calgary real estate
Although Calgary homes sellers optimize ways to earn the most money from a home for sale, some precautions may have to be taken. Setting the right price for the property for sale is crucial. More money earned from the home sale means more financial opportunities for the seller. But overpricing the Calgary homes for sale does not achieve this goal. Selecting the listing agent with the highest suggested listing price is one of the worst Calgary home selling mistakes.
Pricing of Calgary homes for sale
In pricing your Calgary homes for sale, it is not always the amount of money that you or your agent think as your home's worth. What matters most in setting the house for sale price is the buyer's offer. Selling a home is partly an art and partly a science. There is no hard and fast rule in setting the home for sale price tag. What it requires is to take into account comparable data and prices of similar homes in similar settings. The Calgary real estate market will then dictate the price of the home for sale.
Low price may not be an issue
Deals for Calgary homes for sale are closed when the buyer is willing to pay the price and the seller is willing to accept it. A home for sale attracts buyers when it is not be overpriced. Homes priced below market value may not actually be a lot of concern. These may often receive multiple offers, thus eventually pushing their prices upward.
Major issue in selling Calgary real estate
Choosing an agent is a major issue in dealing with Calgary homes for sale. An Calgary realtor can best deal with the Calgary property for sale. An agent from another city or one unfamiliar with the market may not effectively make a successful sale. This may often result to an expired MLS Calgary listing.
Replacing the agent after the Calgary MLS listing has expired, may not totally resolve the issue. It may take over a year to finally close the deal after an expired MLS Calgary listing was re-listed. By then the market has actually softened and thousands of dollars may have been lost by the seller for selling it at a wrong price.
Avoid expired MLS Calgary listings
Agents may be specializing in selling expired MLS listings Calgary, and re-listing them for sale. However, it entails greater cost for sellers to deal with expired MLS Calgary listings. It may even exceed mortgage payments and create added cost in maintaining homes for scheduled showings. The value of the home may also lower because they become stale and worn from being overpriced for so long. Avoid these common Calgary home selling mistakes by avoiding expired listings in your bucket list.Posted by Ross PAVL on