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