How to Get Multiple Offers on Your Property?
We have been able to secure multiple offers for many of our sellers. As you can imagine multiple offers creates a more favorable environment and generally lead to stronger offers and better sales prices.
Create Value In he Eyes of Buyers
The key to getting multiple offers and a great price is to price your condo in a way that creates value in the eyes of the buyer.
For example: let’s say the last condo like yours sold for $305,000. Now there are 3 condos like yours for sale –
#1 listed at $350,000
#2 listed at $370,000
#3 listed at $367,000
In this case – to create value for your condo I would suggest that you list it at $330,000. This puts you significantly below the next least expensive competitor ($350,000) which get the buyer excited (value) about your condo. More importantly it puts you in a position to capture a sales price around $325,000 or $20,000 more than the last sale! And as a seller isn’t that what you want?
The Bottom Line:
Take a realistic look at your price to see if you are creating value in the eyes of buyers because you too can receive multiple offers and ultimately the highest sales price in the building.
Call your At The Beach Team Listing Agent today to discuss how to get multiple offers on your property.