When you're selling your home, the price you set is a critical factor in the return you'll receive. That's why you need a professional evaluation from an experienced REALTOR®. This person can provide you with an honest assessment of your Red Deer Area Property, based on several factors, including:

• Market conditions
• Condition of your Red Deer Area Property
• Repairs or improvements
• Selling timeframe

In real estate terms, market value is the price at which a particular house, in its current condition, should sell within 30 to 90 days.

If the price of your Red Deer Area Property is too high, this could cause several things:

• Limits buyers. Potential buyers may not view your Red Deer Area Propertybecause it appears to be out of their buying range.
• Limits showings. Other salespeople may be more reluctant to view your home.
• Used as leverage. Other REALTORS® may use this home to drive the sale of other homes that are better priced.
• Extended stay on the market. When a home is on the market too long, it may be perceived as defective.
• Lower price. An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price. To sell it, you will have to reduce the price – sometimes several times. In the end, you'll probably get less than if it had been properly priced in the first place.
• Wasted time and energy. A bank appraisal is most often required to finance a home.

REALTORS® have know it for years – well-kept homes that are properly priced in the beginning always get you the fastest sale for the best price! And that's why you need a professional to assist you in the selling of your Red Deer Area Property.

Often, in a seller's market, homes that are priced slightly below market value initially will sell for more, simply because of the extra interest they incite. This can be a risk, however, and when it comes to such a decision, an experienced, trusted REALTOR® is your best ally.