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Real Estate Tips
Pricing >Sellers Beware

Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!

Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.

Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!

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Real Estate Trivia
Q 
What is the world's largest palace?

A 
The Imperial Palace (Gugong) in the center of Beijing, China covers over 178 acres and dates back to the early 1400s.
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Michelle Perkins & Associates, REALTOR®, real estate agent and broker for Warrenton, Culpeper and Gainesville, Virginia home listings, property and land for sale - NUMBER1EXPERT

Michelle Perkins & Associates
RE/MAX Regency

403 Holiday Court
Warrenton, VA 20186
Toll Free: (877) 341-1077
Phone: (540) 341-1077
Home Office: (540) 937-9991
FAX: (540)341-1001
Email: michelle@mris.com

Why hire one agent when you can have a team working to ensure the quality service you deserve when looking to buy or sell! The "team" approach benefits everyone involved and is in place to better serve you. Our valued clients! Tiffany, Susan and I are waiting for your call. *We offer over 14 years of licensed real estate experience. *Looking to sell? We utilize the latest in Internet Marketing & Technology. Over 80% of Home Buyers start their search on the internet. All our advertising drives Home Buyers to our website, so they see your home first. Also, I'm now offering your home to be appraised by a licensed appraiser before you list with me to make sure we price your home right for the highest price in the quickest amount of time. Call or e-mail me for more information. *Looking to Buy? Our clients have found that by meeting with us, they have a greater knowledge of the current market and greater opportunity to live in the right property for them and their family. We simply need to meet.

GRI ABR REALTOR MLS Equal Housing




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