Reasons why buyers price property low

Augusta

VIP Contributor
When you put up your property for sales you might be surprised thay the buyers are pricing your property low. Well, you shouldn't be too surprised because they might be a lot of factors militating against it

The following might just be the problem

Age and condition of buildings

When you have an old building and is in bad condition like been dilapidated or fading then you shouldn't expect high price from buyers

Physical features

These has to do with the different things that constitute a property which include the type of rooms, lot size,square feet of living space, landscaping, type and quality of construction, number and hardwood floors, a garage,etc. All of these will be taken into consideration by the buyer. So there less features the house have the less price tye buyer will deire to pay.

Terms and conditions of sale,

The terms and conditions of sale can prompt a low sale for your business. if a property was sold between relatives at a discounted price then this would instigate low pricing as well.

Location

This is one of the outstanding reason for a low pricing of a property . People or buyers will price a property low when the location of such property is not in the commercial area.
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