Step 2. Pricing your Property Effectively
 

Price your property according to market value. Do not over price your property. Over-pricing reduces buyer interest, makes competing property look like better buys and can lead to mortgage rejections once the valuation is in.

One of the best ways to correctly price your property  when selling is to find out how much on other properties, similar to your own, recently sold for in your neighborhood. Talk to property sellers, buyers and check out the real estate listings in your local newspaper.

You may try calculating the cost per square foot of your property compared to the selling prices of properties in your area (divide list price by square footage of built up property area).

Finally, set your property selling price just under a whole number, such as RM299,900 rather than RM300,000. It’s a marketing gimmick.
  

 

 
 
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