October 4, 2022
Sometimes pricing strategies can be as important or more important than other marketing strategies.
Pricing strategies can vary depending on the trend, the market, supply and demand, interest rates, economy etc. etc. They can also vary depending on the location, because in general, prices increase or decrease by different percentages in different parts of Toronto for various reasons.
The two most common types of pricing strategies are:
On a positive note, the market/prices could easily turn around again and shoot up very quickly as it has in the past, making multiple offers once again the norm.
If you are on the fence about selling and downsizing, selling, and renting, selling and moving to a retirement home or nursing home, and have a substantial amount of equity in your house, then it may not be a bad idea to sell sooner rather than later.
There is much more to the above two types of pricing strategies. If you are considering selling in the near future and would like an idea as to what your home is worth in today’s unpredictable, changing market, do invite me over for a confidential chat and I’ll be more than happy to discuss pricing strategies, the right time for you to sell and a lot more. You will be glad you did.
Ecko Jay
Broker of Record / Owner
Ph: 416-445-8858
eckojay@eckojay.com