A well-priced property can generate competing offers.
Offers are higher when a property is closer to market value.
Your property will sell faster. Buyers do not bother looking at over-priced homes, they come only to compare.
Your home does not lose its "marketability" and "saleability".
Salespersons will be more willing to present your property to buyers.
Location
Location depends on buyer preferences. Some of them prefer to live in their own neighbourhood, the others choose location closer to their work. Questions buyers usually ask are: Is it a quiet location? crime-free location?
Amenities play a substantial role too. For instance, a buyer is looking for a convenient location not only for himself/herself but also for the kids:
Are there schools nearby?
How far is the high school?
How far are the hospitals, dental clinics, walk-in clinics?
Are there any parks close to the home?
What about shopping centres, banks, libraries, restaurants?
Is the TTC close?
A word regarding TTC. At the beginning of my real estate career career I read an ad, "...steps to TTC" I decided to find out how many steps. Oops! It took me 35 minutes of walking to get to the subway station and 35 min. back. And I did not see any buses on my way.
And there are many more questions. Buyers are creative!
Time
Competitive price and Time are connected with each other.
thinking of selling: Reasons to sell, Market and the sale of my home, Issues to consider before selling, Papers to have ready, Fixtures, Chatterls, Rental items