How the Wrong Pricing Strategy Can Cost You Thousands

As you’re probably aware, the list price you set for your property has an impact on how quickly it sells — and how much you earn on the sale.

What you may not realize is just how significant an impact it has. Consider the following examples.

Example 1:

You price your property well above its current market value. As a result, many buyers don’t bother to see it because it’s outside of their price range. Those who do see it are confused by the high price tag, (and may even be suspicious.) They may wonder, “What’s going on?”

In this scenario, the home will likely languish on the market for weeks or even months. You might even have to lower the price dramatically to re-ignite interest.

Example 2:

You price your property just a couple of percentage points lower than what is necessary to gain the interest of qualified buyers. That might not seem like much of a problem. How much can a couple of percentage points matter?

Those points matter a lot.

On a $400,000 property, pricing your home just 2% lower than necessary could cost you $8,000 on the sale. That’s a serious amount of money!

So, as you can see, pricing your home right is serious business. Fortunately, a good REALTOR® knows how to set the right price.

Looking for a good REALTOR®? Looking for more ideas on making smart decisions when selling or buying a home? Call Donna at The Barrie Home Hunter Team today.  

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Keeping Houseplants Alive when You’re Away

When you’re out-of-town, there are plenty of kennels and other facilities that will mind your dog or cat. In fact, the pet-care business is booming! However, the same options aren’t available for your houseplants. So what do you do?

First, keep in mind that plants can go for several days or even a couple of weeks without water. This frequently happens in their natural habitats. So if you’re gone for just a few days, your flora will probably be fine.

Flowering plants tend to need the most water. Give them an extra dose just before you leave. Also, make sure they are in indirect, rather than direct sunlight. That will help them conserve water.

If you’re going to be away for a week or more, consider one of the several products on the market that water plants automatically. Many of these allow you to adjust how much water each plant gets — and when.

You’ll find plenty of do-it-yourself instructions for making your own automatic waterer on the internet, from plastic cups with tiny holes in the bottom to upside-down bottles with wicks. These might work, but you’ll want to test them first.

Of course, your best option might be to have a friend or trusted neighbour take care of the plants for you. Just be sure to give them clear instructions.

Your houseplants will thank you. 

When your home if for sale keeping your houseplants looking healthy is important. If your plants are well cared for, buyers will feel your home is well cared for as well.

And remember house plants help to keep your air clean!