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Common Selling Mistakes


Mistake #1 -- Placing the Wrong Price on Your Property
Every seller obviously wants to get the most money for his or her product. Ironically, the best way to do this is NOT to list your product at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. Also, it may lead other buyers to expect more than what you have to offer. As a result, overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price.

Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value
Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of your home could actually be lower. Your best bet is to ask your realtor for the most recent information regarding property sales in your community. This will give you an up-to-date and factually accurate estimate of your property value.

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Common Selling Mistakes

There are some common errors that can be avoided when you are selling your home. I want to make sure you are well informed.


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Kitchener Waterloo Real Estate Team

 
Melanie McNeil Real Estate agent
Warren McNeik real estate agentColleen Mader Real estate agent
We are a full-time real estate team in Waterloo Region, Woolwich & Wellesley Townships. We enjoy assisting buyers and sellers with the purchase or sale of real estate in the Kitchener-Waterloo, Cambridge, Elmira, Wellesley, Wilmot, Drayton and  everywhere in between. If you would like us to help you with your home search, please check out our brand-new free search website or if you are thinking of selling, get a free market evaluation.
Warren & Melanie McNeil | Sales Representatives, Team McNeil
Re/Max Twin City Realty, Brokerage
(  519.579.4110 | 519-498-8118               
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  Warren & Melanie McNeil - Team McNeil (Re/Max Twin City Realty Inc, Kitchener-Waterloo ON): Real Estate Agent in Kitchener Waterloo, ON

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Melanie & Warren McNeil ~ Sales Representative ~ Re/Max Twin City Realty, Brokerage
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