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Answers (3)
- Giovanni Freitas, "Giovanni Freitas"
- Contributions:19
call the most active agents in your area for a free market analysis and ask questions? tell them to show you all the recent sales in the area, and for them to show you their track record and ask them for testimonials in the same area close to yours. good agents that specialize in your area shall have made at least couple of sales recently or something
- Jeffrey Hogue, "JeffreyHogue"
- Contributions:1242
Interview as many real estate agents in your area as you can. Most people interview three. There is no commitment necessary for a market analysis from an agent. Most are happy for the opportunity you may afford them. It is likely that two or more of the agents will have some of the same comparable sales. This is a good start.
There are three methods I use to price homes. First is a complete market analysis of comparable sales in the property area. I also like to see what the inventory is and the rate of sale in the particular area.
Second is a cost analysis which I base on the components of the home like square footage, amenities, lot size, architectural enhancements, etc.
The third value test is the most difficult. it is the intrinsic value assessment. This is the overall feel you get from the home and how that will translate to the buying public. This is sometimes the most important factor in getting top dollar for a home. If someone falls in love with your home they are likely to pay you better. For that matter, whenever anyone falls in love with anything they tend to make positive emotional decisions.
Hope this is helpful in assisting you with your agent interview. A good agent can be worth their weight in gold and that is saying a lot with teh price of gold today.
There are three methods I use to price homes. First is a complete market analysis of comparable sales in the property area. I also like to see what the inventory is and the rate of sale in the particular area.
Second is a cost analysis which I base on the components of the home like square footage, amenities, lot size, architectural enhancements, etc.
The third value test is the most difficult. it is the intrinsic value assessment. This is the overall feel you get from the home and how that will translate to the buying public. This is sometimes the most important factor in getting top dollar for a home. If someone falls in love with your home they are likely to pay you better. For that matter, whenever anyone falls in love with anything they tend to make positive emotional decisions.
Hope this is helpful in assisting you with your agent interview. A good agent can be worth their weight in gold and that is saying a lot with teh price of gold today.
- Sharon Sapp, "Real Estate Lady1"
- Contributions:240
That depends on what you need the information for. If you are looking to refinance your mortgage, the bank has a set of appraisers they work with. That does cost you some money - between $300 and $450. You can also call a Realtor. They will do a search for comparable homes that have sold in your area and give you an idea of what a buyer would be willing to pay for your home. That typically doesn't cost you anything.
Feel free to contact me if you want to know what buyers are willing to spend for a home like yours. I do work in the Fleetwood area.
Feel free to contact me if you want to know what buyers are willing to spend for a home like yours. I do work in the Fleetwood area.
How can I find out how much my current hose is worth in this market?
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