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Before listing: the prior analysis
A sale is decided before going to market. Prior analysis of market, property and target buyer prevents months of waiting and price drops.
Most owners list without a clear strategy. Without market analysis, without a defensible price, without a plan. The result is predictable: months of waiting, unfiltered visits and a price drop that could have been avoided.
A serious prior analysis answers three questions: at what price have comparable properties closed in the last 6 months?, what differential features does my home have and what are they worth to a target buyer?, and who is the real buyer for this property — profile, motivation, timeline?
Without those answers, setting a price is guessing. And guessing usually costs between 5% and 15% of the home’s value.
Key insight
Without prior analysis, the price is a guess — and guesses are expensive.