Valuations

Why is it important to evaluate your property in order to sell?

Evaluations through estate agents in Cyprus vary wildly, as most agents in Cyprus lack the proper knowledge to conduct an accurate evaluation.

A property valuation is an assessment of your property’s value, based on the location, condition and multiple other factors. Your valuation will be carried out in person by a professional and certified surveyor who will take notes and photographs, and then send you an evaluation report.

The Property House is offering the service to their clients of conducting a professional property evaluation.

A couple of reasons to price your home correctly from the start:

You can attract more buyers

Some sellers may be tempted to ask for more than market value — even if they’re willing to accept a lower offer — just to see if there are any takers at the larger number. But this strategy can backfire if sellers price their home out of range of potential buyers. That potential buyer may not even see your home unless you lower your asking price. It’s better to price your property right from the start to maximize the number of qualified buyers.

You will sell your home faster

A fairly priced home could receive multiple offers because people recognize it's a good and or fair deal. It may even spark a bidding war that drives the final offer above your asking price.
But an overpriced home could scare away some of those buyers, who may think that they’re dealing with an unreasonable seller.

If a home doesn’t sell within 30 days, it’s a good indication that it’s not priced right, according to the National Association of Realtors. In addition, research suggests the longer a house stays on the market, the lower its final selling price will be. Sellers may end up making less money than if they’d priced the house correctly when it first listed.

Let us help you sell your property!

The Property House