I Told You So!

By
Real Estate Agent with CR Property Group, LLC

              

I Told You So! -    

Now more than ever, pricing a listing within reason is a key to your aand our success.  This is not to treat anyone elementary, it is to be bold enough to prove to you, our client, the days of the S.W.A.G (Sophisticated Wild Approximated Guess) methodology are no longer valid.

Mr. & Mrs. Seller, we all know you typically will have a sentimental attachment to your home, you put blood, sweat and tears into this home.  You designed the home to your taste, you chose items to improve your home to function the way you want them during the time of your ownership.  However, value boils down to what the appraiser is going to find as comparable to yours as possible.  It will mainly be based on location, square footage and condition.  All of the other bells and whistles that you put into the place can and may be thrown out the door for valuation purposes for market value.

Many Sellers have and had a tendency to over improve their homes and are hopeful they will get 100% or more back out when they sell it.  This normally will hold true if you increase square footage, but all of the other things will help enhance the saleability when you are up against competition.

Please, listen to your professional Realtor that brings you supportive documentation, as this is what the appraiser is going to be looking at as well.  If you do not follow this, then when you do receive a contract and you are listed over and above the market value, then most likely the appraiser is going to cut it down to what the market will bear, and you will have to live or die by that decision.

Be respectable to what the market conditions are and everyone can then move on with their life and diminish the stress levels up front before your expectation levels become non-existent.

As much as we want to tell you Mr. & Mrs. Seller "I Told You So", we restrain from this, trying to give you the benefit of the doubt, not to be critical and unprofessional.

              

Posted by

Country Home Real Estate, Inc.

1911 East Market Street

York, PA. 17402

717-755-1800

Don Spera, GRI, CSP, ABR, Associate Broker

717-577-8981 cellular

donspera@comcast.net

www.donspera.com

 

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Topic:
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Pennsylvania York County
Groups:
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Coaching-Personal Development
New Jersey & Pennsylvania -- Realtors/Loan Officers/Title Clerks/Real Estate Lawyers
Pennsylvania Professionals
South Central Pennsylvania Realtors
Tags:
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Rainmaker
514,381
Tom Priester
Paradise Sharks - Jupiter, FL
Paradise Sharks

Don, amen to that. Pricing is so very important in all markets and too many buyers are hoping for a miracle. Cheers!

Dec 20, 2010 03:08 AM #1
Rainmaker
799,880
Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

Don, all you need to do is look at the List V Sold in your area to see that the only ones selling are selling DARN close (if not above) the list price... buyers dont even look at the over priced ones!

and I thought SWAG was Stuff We All Get... as in Do-dads at a convention???

Merry Christmas and Happy New Year!

Dec 20, 2010 03:14 AM #2
Rainer
147,902
Don Spera
CR Property Group, LLC - East York, PA
Serving York and Adams County, PA

SWAG can stand for a number of thins, but I needed to clean it up some.  Happy Holidays to all.

Dec 20, 2010 03:25 AM #3
Rainmaker
3,442,103
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Don, There are too many unrealistic sellers...price it to sell, and it will!

Dec 20, 2010 03:39 AM #4
Ambassador
545,131
Gerry Michaels
Glasswork Media Arts - Gettysburg, PA
GettysburgGerry Social Meida

Don, right on the money, how many times would we Realtors like to say "i told so" to clients. It is important especially in market conditions such as we are experiencing now to listen to your Realtor

Dec 20, 2010 04:30 AM #5
Rainmaker
1,961,223
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

All around me right now are a number of listings the are ON the market , but not IN the market !!!!

Dec 22, 2010 01:08 AM #6
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