worth: Worth vs. Listing Price
- 03/30/07 06:35 AM
Very often when people are approaching me about selling their property they ask, "Ok, what is my property 'worth'?" 'Worth' is a very misleading concept and very often confused. 'Worth' is often confused with appraisal values and personal factors. 'Listing Price' is the real question. 'Listing Price' is driven by what people are willing to pay for your property at any given point in time. This is mostly driven by sales in the immediate area of properties with similar makeup and features. 'Listing Price' is extremely important to reaching the goal . . . selling the property. There are pitfalls that many … (25 comments)
Very often when people are approaching me about selling their property they ask, "Ok, what is my property 'worth'?" 'Worth' is a very misleading concept and very often confused. 'Worth' is often confused with appraisal values and personal factors. 'Listing Price' is the real question. 'Listing Price' is driven by what people are willing to pay for your property at any given point in time. This is mostly driven by sales in the immediate area of properties with similar makeup and features. 'Listing Price' is extremely important to reaching the goal . . . selling the property. There are pitfalls that many … (25 comments)
;)
;)
;)
