sellers/buyers

By
Real Estate Agent with LONG and FOSTER REAL ESTATE, INC.

So why is it that almost every seller thinks their property is worth more than it actually is, and every buyer almost always thinks that real estate properties are wiorth something less than what they are listed at?  Are realtors doing that poor of a job in getting their sellers to understand the real market value of their property, or are many sellers just totally unrealistic with whta their property is really worth and what they think they can get for it?  There is a tremendous amount of real estate  data available to sellers,buyers,the general public, realtors and other professionals in the real estate market. Maybe if we could all just figure a way to get sellers to better understand the real value of their property and what a "marketable price' is than everyone involved would be better off. Reduced listing amounts of calendar days that a property is on the market would help everyone.   How long are mortgage rates going to stay at all time lows, and so what happens when they finally start to rise?  Oh well these are topics for another day.  Thanks,  Rich Salla, GRI

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