100: How to price property and inform sellers what their property is worth

Published: Aug. 9, 2024, 5:45 a.m.

https://www.therealestateclub.com.au/how-to-price-property-and-inform-sellers-what-their-property-is-worth/ - How to price property and inform sellers what their property is worth. The 7 p\u2019s of price leads to PROFIT.\xa0 1) Property type 2) Position of the property 3) Preparation 4) Presentation 5) Preference of Agent 6) Promotion of the property 7) Pricing 8) Profit\xa0 Agents work out market value by\xa0 \u25cf What\u2019s sold \u25cf What\u2019s for sale \u25cf And what buyers will pay Owners may work out market value by \u25cf Emotional value \u25cf What they\u2019ve spent\xa0 \u25cf What they need We need to balance all of these things to work out what a property could be worth.\xa0 Sometimes agents get it very wrong. \xa0 As an agent we\u2019ve all been there - sometimes we list a home and we think it will get a certain price and we achieve more.\xa0 And vice versa sometimes we list a property and it sells for a lot less. As an expert real estate agent that specialises in an area - you have to have an idea on price!\xa0 Please note - in this podcast, we have not taken into account how a Valuer values property based on building costs per m2 etc. This is another tool that agents can use to help arrive at a price point. \xa0 Want more Real Estate training? \xa0Consider joining The Real Estate Club.\xa0 https://www.TheRealEstateClub.com.au If you are considering changing Real Estate Offices, please book a call with Lisa B. \xa0\xa0 https://lisabmedia.com/calendar Bjorn Kunzel: 0404 164 447 / bjorn.kunzel@expaustralia.com.au Lisa B: 0412 210 558 / lisa@lisab.com.au Some links you will find helpful \U0001f4c3 James Stacy Real Estate - Top 10 Tips For Real Estate Agents In 2024 - https://www.youtube.com/watch?v=yiCF6oc6FhI \U0001f3e2 How to leave a Real Estate office in 2024 - https://www.youtube.com/watch?v=M9pMrs8KTrQ \U0001f3c6 Top tips for real estate agents in 2024 - https://www.youtube.com/watch?v=9P6DA-_GE3Y \U0001f91d If You HAD to get a listing today! Lisa B and Ray Wood - https://www.youtube.com/watch?v=Qgar3nNA4h8 #exprealty #expaustralia #realestate #realestatecoach #realestatetrainer #realestateagent \xa0#realtor #milliondollarlisting