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 to 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 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.