UNDERSTANDING MARKET VALUE |
|
|
DOWNLOAD FORM |
|
|
|
|
Market-sensitive
pricing can be the key to maximum market |
|
exposure and,
ultimately, a satisfactory sale. |
|
|
The existing pool
of prospective buyers determine a property's value, based on: |
|
|
* |
Location, design, amenities and condition |
|
|
* |
Availability of comparable (competing) properties. |
|
|
* |
Economic conditions that affect real property
transactions. |
|
|
Factors that have
little or no influence on the market value of a house include: |
|
|
* |
The price the seller originally paid for the
property. |
|
|
* |
The seller’s expected net proceeds. |
|
|
* |
The amount spent on improvements. |
|
|
The impact of
accurate pricing: |
|
|
* |
Properties priced within market range generate more
showings and offers, and |
|
|
sell in a shorter period of time. |
|
|
|
* |
Properties priced too high have a difficult time
selling. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|