The Value of Your Home in Cary NC

The value of your home in Cary NC is determined by the buyer. Unfortunatley agents are not issued a "crystal ball" at Real Estate School.  What they are given is the know-how to understand the value of any given home.

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What DOES NOT effect the Value of Your Home in Cary NC

• Your previous sale price
• What you or others think it is worth
• An past appraisal - the market is fluid and appraised values change
• The amount of money you need to get out of you home.
• What other real estate agents think your home is worth.

Property values are determined by a ready willing and able buyers. What that buyer is willing to pay for your home in an open market, which is based on the value of recently closed sales, determines the value of your home.

Your agent's job is to study the data of recently closed sales and give you a guideline for pricing your home.

                                                        Every market is diferent.  

Agents must know the ratio of List Price to Sales Price for each individual market.  In some cases the market can be as concentrated as a single neighborhood.

Want to know the Value of Your Home in Cary NC?  Locate and experienced agent who KNOWS the area!



The Value of Your Home in Cary NC was first published on CaryRealEstateBlogger.com -a blog by Linda Lohman

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