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Good agents have practices in place that ensure that they make fair estimates of a selling price and will be able to demonstrate what information they relied on to make their estimate.

Common considerations when estimating selling price include:

  • Features of the property
  • Future use of the property (eg zoning, historic preservation orders, covenants or restrictions)
  • Likely level of demand for the property
  • Recent valuations of the property
  • Similar properties currently on the market
  • Similar properties that have been sold in the past 12 months
  • The circumstances of the vendor (are they under pressure to sell?)

If you are considering selling your home or investment property, call us today to arrange your confidential free comparative market analysis with one of our experienced sales agents.