A property is more than just some living quarters. It’s both a profit and a bank. The more you have the house with you, the more you can ask for it. However, all these quality add-ons and maintenance costs you may have invested in it will become more or less moot points if you go overboard with the price tag.
Regardless of quality, luxury, or location, someone will have a property up to par with yours. With just as lovely a backdrop to boot. You better bet that someone will have all the new showings, sales propositions, and, eventually, profits that you will not.
Don’t overdo it and don’t overprice it. Much like with expectations, selling properties, especially in a market like Baja, really goes a long way when determining success or failure.
Know what your property is worth and keep your goals grounded. We all want a slice of that luxury, real estate lifestyle cake—and to eat it too. But we can’t go around thinking that we can warp the market to our wants. Playing nice goes a long way in making profits.
