Real EstateHome Ownership As an Investment |
What does the expression “priced to sell” mean? |
Priced to sell means your house is competing with many other houses for sale, and you want to price the house low enough so that it will be among the first houses that people consider buying. That means pricing the house lower than its rivals at the onset. But it really depends on personal preferences and factors, including how long the seller wishes to keep the property on the market, the minimum and maximum price the seller desires, and how much the seller wishes to profit on the transaction.