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Pricing your home

Correctly positioning a property is one of the most important decisions in a sales campaign. Buyers compare your home with recent sales, competing listings and other options available at the same time.

Market value is established by buyers

An appraisal uses evidence to estimate the range in which buyers may respond. It is not a guaranteed sale price. The final result depends on competition, presentation, marketing, negotiation, the method of sale and the market when the property is offered.

Evidence we consider

  • Recent sales of genuinely comparable property
  • Current competing listings and how long they have been available
  • Location, land, property type, condition and improvements
  • Views, access, parking, orientation and other relevant features
  • Current enquiry and buyer behaviour

The risk of starting too high

Buyers are most attentive when a property first reaches the market. If the positioning discourages the right audience, the campaign can lose momentum and the property may take longer to sell. A later adjustment does not always recreate the urgency of the launch period.

Price and no-price methods

An advertised price provides clarity, while auction, tender, deadline and negotiation can allow buyers to respond without a stated figure. No method removes the need for evidence or a clear vendor strategy. We will explain how each approach may affect enquiry and competition.

Reviewing the campaign

Market response provides useful evidence. Online engagement, enquiries, inspections, repeat interest, feedback and offers should be reviewed together. If the response differs from expectations, we will explain the options rather than allowing the campaign to drift.

Request a free Bream Bay property appraisal or call 09 433 0334.


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