house: Do You Understand Market Value?
- 11/03/11 07:51 AM
Do You Understand Market Value? Let's say it's time to sell the car. What steps would you take? It probably would go something like this: Check the classifieds section of your newspaper, checking out prices on cars similar to yours. 2. Advertise priced within that range. Though you may not realize it yet, you've just determined the market value of your car.Simply stated, market value is what buyers are willing to pay for that car. What if you want to put your house on the market, though? It should go something like this: