Getting Market Value
Professional appraisers sum up their entire
body of knowledge in three words - "Buyers Make Value."
How much is your home
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.