One of the most important things in selling a property is to know the right price! Wrong prices at the beginning destroy in most cases the chance to get a quick sell and what is even more important the profit.
Everybody wants to have a quick sell with as much as possible profit. In simple words we can say a few points to explain:
quick is mostly only possible with a very low price
profit is only possible when the price is right from the beginning
rising the the price when conditions or market is changing is always possible
drop down the price means mostly that the price was to high and the seller now wants to get it away. Mostly with losing much of money.
The Local Property Market
Whether you are looking to sell your existing house or buy a investment property, you need to understand all local property market factors and how they affect property values.