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YOUR PROPERTY'S VALUE IS DETERMINED BY:
-Today's marketplace.- The competing properties available to the
buyer.
-The available financing.
-The buyer's perception of your home's overall condition and -appeal.
-The general economic condition in the area.
-What buyer's have been willing to pay for like properties.
-Supply & demand factors.
-Location.
YOUR PROPERTY'S VALUE IS NOT DETERMINED BY:
- What you have invested into the home.
- What you need or want out of the property.
- A bank or tax appraisal.
- What you
heard
a neighbor's home sold for.
- Insured value.
- The cost of the next home you wish to purchase.
WARNING SIGNS THAT A PROPERTY IS NOT PRICED
OR CONDITIONED PROPERLY:
WARNING SIGN #1:
If Realtors are not previewing your home, or if they preview and do not show it, it is being eliminated because of price or condition.
WARNING SIGN #2:
If buyers are being shown your home with no results, the buyers are finding better properties to purchase. They are eliminating your home from consideration because it is not competitive in the marketplace.
HOW DO YOU MAKE YOUR HOME A ~1O~ IN THE
MARKETPLACE?
- Make it sparkle. Make it the most appealing home on the market.
- Offer the best terms possible.
- Price it to be competitive with like properties.
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