What Is My Home Worth?
When I speak of market value, I assume I am answering the question:
What is the price I can reasonably expect a Buyer to pay if
I make my property available for Sale today ?
That question is best answered by quoting a range and
Understanding the following basic facts:
1] Nobody can "guarantee" any amount of money to a Seller.
2] The amount of money received for a property is in large part
dependent upon the terms and conditions the Seller is willing to accept.
For example:
Sellers may get a higher amount because they have given their Buyer
A contingency allowing the Buyer time to sell their current home
before they have to close escrow on the new purchase.
Or:
Sellers may accept a lower amount because the offer is all cash,
no contingencies, with a very short close.
3] Market Conditions must always be factored in. Right now Buyers
believe that we are in a declining market, and are reluctant to purchase
any property that does not seem like "a deal". List Prices right now, need
to be on the low side to obtain a successful result. Bank-owned properties
and Short Salesin the area could also have a negative effect.
4] Certain simple improvements to your property, such as new paint,
replacing carpet with wood flooring, or trimming trees to expose a view
could easily add greatly to the value of your home.
5] The expertise and effectiveness of the Marketing Program your Realtor
creates for you also has a significant impact on the price you receive.












