When you are selling your property, there are three prices to be acutely aware of:
- Marketing Price
- Current Market Price
- Best Selling Price
Marketing Price is the price the agent markets the property at to buyers. Legally and practically speaking, the final selling price may be higher, lower of equal to the marketing price. Some agents may deliberately price above or below the current market price creating either a frenzy or a standoff with buyers in the process.
Current Market Price is the fundamental value...