Ever wondered what the potential hurdles are when you sell a property? Here is a high-level list of the main hurdles to avoid you sell a property. Bank on the Best with KW Select
Your Wishing Price versus a Realistic Sales Price
As licensed property professionals we at KW Select see this all the time. We call it your wishing price. Your wishing price is the price you have in your head. It’s just that, a wishing price.
But ,the problem with a wishing price is:
- No matter what your reason for selling is, if you have a price in your head, we need to understand why you have that price in mind. Oftentimes, it’s because it’s critical for you to sell for a number of reasons. A wishing price is not a sales price.
- Listing a property at your wishing price more often that not results in your property being listed but then it sits on the market for longer thank it should. Your listing gets stale and you do not get enquiries. This is not a good solution to be in at all.
- And, the first 2 weeks of any new property listing is the most crucial. If after 2 weeks the price starts to drop and any increment less than R50,000 you do not get the response from the market you should get.
In The Long Run
In the long run, you end up in limbo. Limbo, because you need to sell. But also, a limbo that you have quite possibly exacerbated because your Wishing price is way above what the market will pay for your property. In the long run you keep paying a bond that often stretches you financially. You keep paying levies if your property in in a sectional title. And your limbo costs just increase. Click here to book your valuation online.
Need An Accurate Property Valuation?
KW Select works with great Agents, all across SA. Our agents are accredited with the PPRA and it really is a big deal. All agents use similar tools to price a property. But and there is a but, KW Select has the power to leverage a new property listing more effectively than any other competitor in the SA market. You see when you list with KW Select, you should know that we care because you matter. That’s it. And we care enough to say we have great technology to leverage when we sell your property. The fact that we sell faster at the end of the day is something we take pride in. And it’s always about a win-win result at KW Select. A win-win for all parties. Click here to book your property valuation. We have made it extremely easy to partner with a top estate agent in your area when you sell your property.
