What Market Value is Not.
- It is not the price you paid for the home plus some improvements you made and real estate commissions.
- It is not how much your friend, in-laws, attorney, accountant, dentist, brother with a real estate license, neighbor or anyone else thinks your house is worth unless they are willing to buy it at that price and you are willing to sell it at that price.
- It isn’t what you paid for the home plus what you need to get out of a home.
- It isn’t more than what your neighbor’s house sold for because you like your house better.
- It isn’t the historical rate of appreciation.
- The Share Team has over 25 years valuating homes in all different types of economic markets. We will be able to adequately and honestly price your home. We will not give you an inflated price just to get a listing. Realtors that due that cost you valuable selling time for your home.
I have great empathy for today’s seller. I know what it feels like to lose equity. It is a sad reality of the current market and economy we are in. Here are some factors to keep in mind when pricing a home.