|
|
|
Buyers Determine a Property’s Value Based On: Ü Location, Design, Amenities and Condition Ü Availability of Comparable (Competing) Properties Ü Economic Conditions that Affect Real Property Transactions
Factors with Little or No Influence on Market Value Include: Ü Price the Seller Originally Paid for the Property Ü The Seller’s Expected Net Proceeds Ü Amount Spent on Improvements to the Property
Impact of Accurate Pricing: Ü Properties priced within Market Range Generate More Showings / Offers, and Sell in a Shorter Period of Time Ü Properties Priced Too High have a Difficult Time Selling
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||