Tuesday, July 09, 2013

Not too high and not to low! Price it right and it will go!

Determining a price for your home is both an art and a science and I have been perfecting it year after year. 

Here are a few things I have learned over the years:

Factors that do affect a property value:
  • style
  • location
  • time of the year
  • property and neighborhood
  • how quickly seller needs to sell
Factors that do not affect a property value:
  • what the owners paid when they bought the property
  • some of the improvements or upgrades the owners made to the property
  • the cash proceeds the owners need or want from the transaction
  • what friends, neighbors or relatives say the property is worth

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