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SELLER

The most important thing to know in order for you to sell your house at a good price within the right time is to understand the market accurately. The seller used to use ‘Highball game,’ which puts the house in the market at a higher price at first and then pretends to lower the price through negotiations with the buyer, leading to the price that the seller expected in the end.

 

However, the current market allows the buyer to be savvier than before about the market situation because of the plentiful information on the Internet that makes it harder for the seller to use the old price strategy. It may lead to a situation that is worse than before by leaving the house in the market for a long time as the buyers turns their back on the house due to an unreasonable price.

 

It causes frustration for the seller, and the seller starts lowering the price as buyers keep waiting for the price to come down more to the point they are targeting at. Therefore, it is wise to put the house for sale at the right price first, based on the correct understanding of the market. Also, the seller needs to figure out what processes/procedures and expenses will be required to sell the house in order to not be confused and for the post plan after the sale.

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