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Getting
Market Value
Professional
appraisers sum up their entire body of knowledge in three words
-
"Buyers Make Value."
How
much is your home worth today?
Pricing
This
process generally begins with a determination of a reasonable asking
price. As your real estate agent, we can give you up-to-date information
on what is happening in the marketplace and the price, financing,
terms, and condition of competing properties.
These
are key factors in getting your property sold at the best price,
quickly and with minimum hassle. Click
here for your FREE Market Analysis.
When
listing your property for sale, do yourself a favor and tell your
agent that you trust their professional opinion regarding price.
This will allow your agent to be candid with you, which can mean
selling your home at market value now instead of several months
from now. Most agents simply don’t want to tell the seller the true
value of the home, if it’s obvious the seller wants more than it’s
worth. By allowing your agent to be completely honest with you,
you’ll save time and money. Consider the market analysis carefully
with your agent… The numbers should make just as much sense to you
as they do to your agent, and the appraiser.
Remember!
Your home is worth as much as much as someone is willing to pay
for it. Sometimes the home is simply worth more to the seller than
it is to the buying public. If the property has been on the market
for more than a 4-5 weeks, you've been given a clear message that
the property may not be worth what you're asking for it. This is
particularly true if there haven't been many prospects coming to
see it. What you do at that point depends on whether you really
need to sell, and whether you're working with a time limit. If you're
not really motivated to move soon, you can always wait - years if
necessary - and hope inflation will catch up with the price you
want. The problem is that in that time, your home begins to feel
shopworn. Buyers become suspicious of a house that's been for sale
for a long time. If, however, you really do need to sell, your agent
should understand the marketplace well enough to price it right.
. There's no point in saying, "We simply can't sell our house."
Anything will sell if the price is right.
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