Kelowna British Columbia Real Estate Video Blog with AJ Hazzi: How to Price Your Home to Get Top Dollar

There are many Kelowna area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Payment Calculator so you know what buyers will pay for your home in today's market. You may also call me at (250) 717-3133 for a FREE home buying or selling consultation to answer any of your real estate questions.

Pricing Correctly Counts...

If you've ever been a client of mine, you know how absolutely important I think it is to price your home correctly right out of the gate. I'm going to go over a few different reasons why I think this is absolutely critical for getting a high sale price on your home.

The Quicker You Sell, the More $$$ You Get: The first two weeks that your home is on the market are by far the most critical period for getting top dollar. Some realtors will tell you that for every day your property is on the market after these two weeks, you could be losing money on your home every day. Buyers will see that your home has not sold, and begin to wonder why. This will cause them to question the value of your home.
Buyers Shop for Best Value: Buyers will shop around to find the best value for a home, just like they will for any other commodity. If you price your home too high, then you will be aiding the other more attractively priced homes to sell. Don't sell other peoples' homes!
Appraisals Can Hurt You: If a buyer likes your home and then has a bank do an appraisal and the appraiser finds your home's value lower than what you're selling it for, then that can be a major problem. What I recommend you to do is to have an appraisal done prior to listing your home. There are three reasons why you should do this:

It's a Marketing Tool: If you list your home lower than what the appraisal value is, then buyers will know they are getting a great deal and they will swarm to your property.
It's a Negotiating Tool: Having an appraisal to refer to during the closing period will help to protect your equity.
An Insurance Policy: Getting your own appraisal done will ensure that your home does not run into any problems when a buyer has a bank do an appraisal on the property. You can reference your own appraisal and defend your asking price without question.

Ultimately the decision of where to price your home is up to you. My job as a realtor is to facilitate the market. Thanks to technology, I can do it better than ever before. I can track the market's response to your listed property in real-time, and this allows me to see how many realtors sent the listing to clients, and how many of those clients responded positively to the listing. This allows me to stay way ahead of the ballgame and I can make any adjustments necessary to prevent your listing from going stale.

I just want everyone to know that they should not be adopting the old school method of asking a high price and then going lower until offers are made. As we know, the longer you are on the market, the weaker your negotiating position is.

Hopefully this information has been helpful to you. As always, if you need any assistance with buying or selling real estate in Kelowna, feel free to contact me at (250) 717-3133 or email me at info@vantagewestrealty.com

Why Hire Vantage West Realty?

A full service boutique firm comprised of dynamic real estate professionals committed to the highest level of professional client attention, service and support.

Our mission is to utilize our expertise to the benefit of our customers, to become their trusted advisors for life and to assist them in successfully completing their real estate goals with the highest standards of skill, support and service.

Vantage West Realty Inc
#100-1060 Manhattan Drive,
Kelowna, BC V1Y 9X9, Canada
(250) 717-3133
Info@VantageWestRealty.com

Vantage West Realty Testimonials

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testimonials
from happy clients

Adam - "Vantage West gets you what you want."

Heather - "They were transparent from the beginning, they didn’t try and hide anything which we really liked."

Jenny - "We were able to text them and I think it’s easier to shoot someone a short text then to set up a meeting if you have questions about anything."

Mark - "The Vantage West Realty Group’s team effort definitely stood out to me. There were different people carrying out different tasks and it made the whole process very efficient. Work with them and get ready for a positive experience."

Mike - "Nick from Vantage West Realty Group fit the bill perfectly for what I was looking for in a Realtor. He was aggressive and always good for his word. He really knows the real estate industry and can spot a good deal. I would recommend him strongly."

Ron - "The Vantage West Realty Group really knows what they’re talking about. They’re sharp, on top of their game, and give good suggestions. You can benefit from my great experience and work with them!"

Greg - "Our home sold in 2 days and never even made it to the listings. Vantage West Realty typically has a good pool of clients that are looking for houses and he had 2 clients walk through and the second ended up buying it. It was so quick! They had a stager come through and give me tips to get it showable and market ready so I was very happy about that!"

Kim - "Our home sold within 4 days of it being formally listed and we had a backup offer 2 days afterwards. They really know what they’re talking about and did a wonderful market analysis. The pricing on the property was great and everything was just a piece of cake! We’ll be using him again next year to sell another property we have!"

Scott - "What I liked about working with Vantage West Realty is that they’re always upfront, truthful, and Aj, our agent, would always tell us if he thought it was a good deal or not. It was always consistent and you always know what you’re going to get. Aj communicated well and got back to us in a timely manner."

Alan - "Jeff Anderson was my sales representative and he was incredibly organized and methodical in the way he approached the deal. He got his paperwork in on time, as he suggested, and everything went very smoothly!"

Cody - "When we walked in we expected to go in and try to do a rent-to-own program but they were able to find us a mortgage broker that was able to help us get a mortgage. They look at our numbers and talked with us about our options and they were just helpful from step 1. I was in Mexico the final week before closing and he really made sure that I had everything done before I left and organized all my paperwork for me while I was out of county. He was always there for us!"

Andrew - "Everything was so fantastic! They really bent over backwards to provide for me and I couldn’t have asked for a better Realtor! He would come and pick me up and take me to whatever property I was interested in, if it wasn’t what I thought we would go around the surrounding areas and totally exhaust it before we gave up. He really just went above and beyond!"

Dawson - "We had a good experience. My house was sold quickly so I was pretty happy about it. They let me know every time there was a showing and it was all really good!"

Andre - "We were working with Jeff from Vantage West Realty and I thought that the whole experience was very good. We had heard about him because he was sold a house to my son and then he came to us with a deal. We decided to go for it and ended up taking the bid out of 7 so we got great results. He represented us through the situation and he really followed up with things that I needed to know about the purchase. Even after the deal, we’re going to grab lunch next week which I think is pretty cool!"

Wayne - "Vantage West helped us sell our home and buy a new one. They made sure that we got to see all the properties we wanted, even though that took up a lot more time. We really appreciated that we got to see all our options!"

Kelly - "He was a great Realtor. I got pretty much everything that I wanted. I had to find a place within a three month period of time, and almost every single day, I went looking for houses with him. I would say he went above and beyond every single day!"

Nick - "Everything was good. They were very helpful. Jerry did a good job. We had to finalize the deal within two weeks, and he worked hard on his end to make sure everything went through. He got it done!"

Mona -"They were great. They’re all awesome and super-friendly. There are no words to describe their kindness and service. AJ is always on the ball, and he’s the one I usually deal with. The people in the office were amazing. I just sold a property, and they would get back to me right away!"

Thomas -"We bought a house. I appreciated the time the Realtor took after-hours to talk with us. We’re a working couple, and I appreciated that Evan was willing to talk to us until 11:30 at night. We thought that was rather impressive!"

Bob -"I worked with them twice. One time was to buy a property, and the second time was to sell that property. The property ended up selling very quickly!"

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How to Price Your Home to Get Top Dollar