How Is Your Goody to Price Ratio?

Posted by Stuart Neal on Wednesday, June 9th, 2021 at 1:16pm.

Is your house not selling? Adjust your ‘goody to price’ ratio.

What do I mean by this?

When buyers are looking at your home, they are comparing it to others for sale at the same time.

Who sells first?

The home seller that offers the best ‘bundle of goodies’ included when considered against your asking price.

If your ratio is set wrong, you will not sell.

If your ratio is set correctly, you will sell in a reasonable period of time and perhaps with multiple offers.

Essentially, you have 2 methods to adjust the ratio.

1. Adjust your price down, so that when compared to the bundle of goodies on offer, your price is fair.

Or

2. You could include more goodies.

The easiest goody to offer is a fast possession date. Other goodies might include fresh paint, new carpet, new roof, better landscaping and any other deficiency in your home.

To read more about home marketing and how to avoid failure you may also wish to read this blog I wrote earlier  How to Sell a Home That Failed to Sell So Far

About the author:

You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®.

Want more information about our transparent & affordable full service FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca


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