Sell quickly with agenz 
Why avoid overestimating the price of your property in Morocco?
You've decided to sell your real estate property? Whether it's a house or an apartment, a primary or secondary residence, you'll naturally want to carry out the most profitable and advantageous transaction possible.
With this goal in mind, you might be tempted to 'slightly' inflate the price...
However, even though this sales strategy is very widespread in Morocco, the results are often far from expected.
Let's review the 4 main reasons that lead to overvaluing your property:
Reason #1 : With this price, I will attract serious buyers
One might tend to think that a price above the market will attract the most financially well-off buyers. However solvent they may be, a future buyer will certainly evaluate the relevance of their investment. Therefore, they will undoubtedly inform themselves about the market, the selling prices of equivalent properties in your geographical area, etc. At best for you, they will do so after the visit, at worst, they will never set foot in your home!
Unless it's a stroke of luck or a 'love at first sight' sale, by not pricing your property correctly, you will deter visitors and seriously reduce the chances of a successful sale.
Reason # 2 : I'm giving myself a margin for negotiation
It's well-known, buyers always negotiate! So why not adopt the commercial technique of overestimation? This way, after 'negotiation,' you'll sell your property at the expected price!
Again, with a price listed above the market, you risk reducing the number of visits.
Moreover, negotiation in real estate transactions can be a time-consuming process. This extends the sale period of your apartment, house, or other type of property.
Reason # 3 : I need to finance my new project
Often when selling, it's to invest in another project, whether real estate or not.
Setting the sale price of your property based on your future financial needs is a relatively common practice. However, the expected amount is not necessarily in line with market prices!
Future buyers interested in your property will evaluate it for what it is, not based on your future projects.
Another argument that will waste a lot of your time and significantly limit the number of potential buyers.
Reason # 4 : I bought it at this price, I can't lose money
Investing in real estate is, in the collective imagination, a profitable investment. Thus, when selling, one hopes to make a profit, or at least, recover the amount previously invested. But the reality of the market is different, and it happens that when we wish to sell, prices have dropped... It will then be necessary to evaluate the urgency of the transaction. Can this sale wait several months in hopes of a rising price trend?
Selling at the right price: the solution for selling quickly and well
As you can see, in the context of a real estate sale project, the key to a quick sale under the best conditions lies in an accurate estimation of your property!
Therefore, it is essential to be in line with market prices. Of course, the assets of your house or apartment for sale should be valued. For instance, a good exposure, a recent renovation, or the presence of outdoor spaces are all features that will increase the price of your property.
For this, there's nothing better than a real estate professional who will know how to identify the characteristics to highlight. Moreover, they will assist you in defining a fair and optimal price, and will handle the transaction to its conclusion.
Also, Agenz provides reliable and free tools to help you set the right price and bring your project to fruition! To learn more, check out our article on Agenz tools, or start your online estimate right away !
Free estimate, photo shoot at home, network of 1000 agents, and personalized follow-up to sell quickly and well.
