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Pricing >Sellers Beware
Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!
Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.
Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!
Mike Hicks RE/MAX Homestead Realty 3525 Merlin Drive Idaho Falls, ID 83404 Office: 208-529-5600 Home Office: 208-552-1092 Fax: 208-529-3283 Email: Mike.Hicks@Remax.net
A Tennessee native, when you get Mike you get someone who fosters the idea of Southern Hospitality combined with the comforting knowledge that all of the details will be closely managed. Honesty, integrity, trust, dependable, thorough, personable, incredible experience and highly professional are some of the words & phrases commonly used by clients and peers to describe my service. We have to prove those high levels each and everytime we help someone whether it's simply to answer questions or to assist through a real estate event. There is no higher testament to our high service levels than the fact over 90% of my business comes from repeat and referred clients. Give me a try and find out why!
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