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Texas Hill Country Blog
Filed under: Blogroll — EasyMoneyNeverWorks @ 10:43 am
THE TRUE MARKET VALUE OF YOUR HOME IS NOT: What you have in it, What you need out of it, What you want for it, What it appraised for, What you heard your neighbor’s house sold for, What the tax office value is, How much you have it insured for, Based on your memories and treasures, Based on prices of homes where you are moving,
THE TRUE MARKET VALUE OF YOUR HOME IS WHAT A BUYER IS WILLING TO PAY: Based on today’s market Conditions, Based on today’s competition, Based on today’s financing, Based on today’s economic condition, Based on the buyer’s perception of the condition, Based on location, Based on normal marketing time, Based on showing accessibility.
PROPERTIES THAT SELL IN TODAY’S MARKET: Are the 10’s…How can you make your property a “10”? Improve the condition, Offer good terms, Improve the way the home shows, Adjust the price.
AS A SELER YOU CAN CONTROL: The price you ask, The condition of the property, and Access to the property
AS A SELLER YOU DO NOT CONTROL: Market conditions, The motivation of your competition, Location, or Value.
Over the years, I have been through up and down markets. Hopefully this information will assist you in making informed decisions regarding your real estate. Sherman D. Durst

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