Usually, “How much is this gonna cost me?” or “What am I gonna get for this?” are the first questions asked by buyers or sellers. In determining the value of a given home, there are factors to consider, regardless of which side of the purchase you are on. (Yes, I know I shouldn’t end my sentence with a preposition, but it’s MY blog and I’ll do what I want.) Believe it or not, there are different strategies to arriving at a list price, depending on the current marketplace as well as factors like the seller’s time frame or inability to make repairs, etc. To find out more about what buyer’s should consider if they want to know they are paying a fair price, please click here. If you are a seller, read about The Seven Deadly Sins of Pricing Property and understand what your realtor is thinking about when she suggests a price.
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