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 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 4 to 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.