What can sellers do in this market? Simple! Price your house right! Price is the key to selling plan and simple! We all think that our house is worth more then it may be, but let trained professionals determine your true market value.
Often times I hear buyers, or buyer representatives, say "did you know the tax value is only..." and often times that may be true. However, remember that the cities tax value is what your property taxes are based off of, but it does not reflect your MARKET VALUE. These are two very different things!
Market value is determined by having a professional Realtor do a market study. That will give you true market value! Stay in the range and your home will sale, get out of the range and you could be chasing your property down the market.
In toady's market the government is giving the first time buyers the leg up buy lowing rates to an all time low. Therefore, if you are a seller there will be buyers, but only if your price your house to sell.
Follow this conversation at www.twitter.com/edinarealty as I will be offer new thoughts as the week goes on.
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