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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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