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how do you know the estimate of your house as the market rises and falls?

  • July 03 2012 - Temecula
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Answers (9)

Profile picture for Temecula Realty
Selling a home is a bit like selling a car.. one must detail the inside, polish the outside, put on a busy car lot and put a price that won't drive folks to the next car lot.

Also, each home has it's own unique features, and somewhere someone like the same things that you liked about the property and want to buy, just like you did originally.

the catch is the waiting game.  Lots of plates to juggle in the air isn't it.

Anyway, food for thought!  Hope this helps.
  • April 25 2013
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Hopefully, when the time is right you will feel comfortable talking to an agent you trust, but in the meantime you keep an eye on things through a Market Snapshot connection or IDX which will email you monthly surrounding active and sold listings. Hopefully, that helps!
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Warm Regards, 

Dustin & Mariya

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  • February 17 2013
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The same way you known the price of gasoline, eggs, and milk in three weeks.

The same way you get Realtors to answer a question in less than 6 months.

The same way you get any "sales" person to ever state that it is not the time to buy.

The same way you get NAR to stop lobbying the Government to subsidize  housing.
  • February 17 2013
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That is a good question. In some areas homes are modestly appreciating and other prices are stablizing or depreciating. Get in contact with a local realtor in your area. Market analysis 3 listings and 3 sold. If possible solds should be within last 3 months if not within last 6 months. All comparable should be within 0.50 mile from your home. Have realtor give you housing trends in area. Are prices depreciating, stable or appreciating. Zillow provides housing trends pre zip code.

Once have current solds and trends you can decide on listing price.
  • February 16 2013
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Dartboard.
  • February 16 2013
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Maintain contact with your trusted Realtor (not all agents are Realtors-call or write me and I will explain). As a full-time active Realtor, we can stay in touch with trends in your marketplace/development. We can give you information that you are seeking, more importantly, the real question is why are you seeking info on rises and fall? To keep tabs on the market or make a life affecting decision? ... either way you should maintain contact with a trusted full-time/active Realtor.
  • February 16 2013
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Get a professional estimate which takes in to consideration the market and trends.  We use a market adoption analysis which factor in available inventory. You should not just depend on a CMA.  What you home will SELL for also depend on how's it marketed.  We have seen up to 8% difference in sales price based on just the marketing.  
  • February 16 2013
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check what they are selling for your in neighborhood, or other nearby sales.  The market can change in a 3-6 month time period.
  • February 05 2013
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Look at what homes are selling for. The sold price is the value of your home.  This is called market price.
  • February 04 2013
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