100: How to price property and inform sellers what their property is worth

https://www.therealestateclub.com.au/how-to-price-property-and-inform-sellers-what-their-property-is-worth/ - How to price property and inform sellers what their property is worth. The 7 p’s of price leads to PROFIT. 1) Property type 2) Position of the property 3) Preparation 4) Presentation 5) Preference of Agent 6) Promotion of the property 7) Pricing 8) Profit Agents work out market value by ● What’s sold ● What’s for sale ● And what buyers will pay Owners may work out market value by ● Emotional value ● What they’ve spent ● What they need We need to balance all of these things to work out what a property could be worth. Sometimes agents get it very wrong. As an agent we’ve all been there - sometimes we list a home and we think it will get a certain price and we achieve more. And vice versa sometimes we list a property and it sells for a lot less. As an expert real estate agent that specialises in an area - you have to have an idea on price! Please note - in this podcast, we have not taken into account how a Valuer values property based on building costs per m2 etc. This is another tool that agents can use to help arrive at a price point. Want more Real Estate training? Consider joining The Real Estate Club. https://www.TheRealEstateClub.com.au If you are considering changing Real Estate Offices, please book a call with Lisa B. https://lisabmedia.com/calendar Bjorn Kunzel: 0404 164 447 / bjorn.kunzel@expaustralia.com.au Lisa B: 0412 210 558 / lisa@lisab.com.au Some links you will find helpful 📃 James Stacy Real Estate - Top 10 Tips For Real Estate Agents In 2024 - https://www.youtube.com/watch?v=yiCF6oc6FhI 🏢 How to leave a Real Estate office in 2024 - https://www.youtube.com/watch?v=M9pMrs8KTrQ 🏆 Top tips for real estate agents in 2024 - https://www.youtube.com/watch?v=9P6DA-_GE3Y 🤝 If You HAD to get a listing today! Lisa B and Ray Wood - https://www.youtube.com/watch?v=Qgar3nNA4h8 #exprealty #expaustralia #realestate #realestatecoach #realestatetrainer #realestateagent #realtor #milliondollarlisting