30ADreamin
Beach Lover
Here is a tip for sellers....
If you are looking to sell, take a look at the comps in the area. If your same condo or house a few doors down sold for 300k....... There is no need to put your property on the market at 450k. IT WILL NOT SELL! Put yourself in the buyers shoes. If you were looking at houses/condos would you pay 150k more than market value? And here's a news flash....... New cabinets, carpet, counter tops, roof, landscaping, ceiling fans, appliances....... Does not equal 150k in market value. These are appealing items and may get your home sold quicker and maybe a bit more but they do not add 150k in value.
A property is only worth what a buyer is willing to pay. Better yet, it's only worth what the bank is willing to lend. Guess what..... They are willing to lend exactly what the market shows. 300K.... Save yourself some time and listen to a Realtor... A good one will tell you the truth and refuse to take your listing if it's that overpriced.
I hope that helps.
Chris Cope, Realtor
find your beach at www.30ADreamin.com
Blog
If you are looking to sell, take a look at the comps in the area. If your same condo or house a few doors down sold for 300k....... There is no need to put your property on the market at 450k. IT WILL NOT SELL! Put yourself in the buyers shoes. If you were looking at houses/condos would you pay 150k more than market value? And here's a news flash....... New cabinets, carpet, counter tops, roof, landscaping, ceiling fans, appliances....... Does not equal 150k in market value. These are appealing items and may get your home sold quicker and maybe a bit more but they do not add 150k in value.
A property is only worth what a buyer is willing to pay. Better yet, it's only worth what the bank is willing to lend. Guess what..... They are willing to lend exactly what the market shows. 300K.... Save yourself some time and listen to a Realtor... A good one will tell you the truth and refuse to take your listing if it's that overpriced.
I hope that helps.
Chris Cope, Realtor
find your beach at www.30ADreamin.com
Blog