How much is my lily pad worth?
I am still amazed how many people call up and ask for a price estimate on their house sight unseen. I do not incorporate a crystal ball in my business and there are so many variables to price a house over the phone. But I still get these phone calls wanting, you guessed it, instant gratification.
So I thought I would take it down to the simplest of terms, the fairy tale. When you look at a pond of lily pads, you see all shapes, colors, and condition of plant life. Is your lily pad, in the middle group (downtown) or are you at the edge (suburbs). You have to know what neighborhood the lily pad is in.
The next thing I like to know is how old your lily pad is and how fresh it is.
- Has it been taken care of?
- Does a neighbor have a bullfrog the croaks all day and night long?
- Do the lily pads next to yours show pride in ownership?
If I have never been in the lily pad or pond, I can't give you a good estimate of what your home lily pad is worth. Even though I may have sold several homes lily pads in your pond, without being able to look personally at your lily pad I can not give you an educated value as to what your home lily pad will sell for.
So, how many of you would like to put a price on something sight unseen and then be held to that price in future talks and negotiation? If I can see it, I have the resources to give my clients a great price range, the highest and lowest sold prices and the market prices of the active listings and their neighborhood.
All I ask is I be able to see what I am pricing…
This post was authored by Paul Henderson. ©2011, All Rights Reserved, This
content may not be reproduced or reprinted (Except for ActiveRain Re-blogging)
without express written permission of Paul Henderson, RE/MAX Professionals, Tacoma, WA.
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