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Home Selling Tips

Evaluate the competition when your home comes on the market

Question: My Neighbors Are Selling – Should I Wait To Sell My Home?

Our neighbor just put their place (house or condo) on the market, should I wait until theirs is sold? We had been planning to sell right now too.

Answer: It all comes down to value.

This is a question that is very strategic. You need to make sure that your place is a better value than your neighbor’s place; if so, it’s great to be on the market at the same time. A better value doesn’t necessarily mean cheaper, by the way – it could be condition, layout, size, price, curb appeal, or another key factor. This is a complex question involving current overall supply and demand as well as your own local factors. I’d love to talk you through this decision so please do get in touch.

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