| Buyers
Always Determine Value! There is nothing smarter than the market!
When selling a house, home Sellers are advised by real estate
columnist, Edith Lank to:
“Ignore
the price you originally paid , ignore the improvements,
ignore the reproduction costs, ignore the assessed value,
ignore your financial needs and ignore your sentimental
feelings about the house. Especially, ignore neighborhood
gossip.
Simply
ask your Realtor for the figures on three to six comps. You
will be closer to the truth and closer to a sale.”
Factors
That DO NOT Affect the Value of Your Property
-
What you paid.
-
What you need.
-
What you want.
-
What your neighbor says.
-
What another associate says.
-
What the cost is to rebuild same house today.
Timing
Is Extremely Important in the Real Estate Market
Do
not set your price too high, thinking that it can be reduced
later. A property attracts the most attention, excitement
and interest from the real estate community and potential
buyers when it is first listed. Therefore, it has t he highest
chance of a sale when it is new on the market.
“The
owner’s presence can inhibit potential buyers, so leave
the house and let the Realtor’s do their job."
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