Price It Right

By
Real Estate Agent with Granville, Newark, Heath, Buckeye Lake & all of Central Ohio

Unless you've been living under a rock, had your head in the sand or been cryogenically frozen for the last decade, you know that the real estate market has taken a huge hit. I'm not sure if we're at the "bottom" of this "crisis", but I do think we're near the bottom. The only way to know you hit bottom, is when you start going back up. That hasn't happened here, so I think we're still scooting around the bottom.

I meet people every day wanting to know how the market is doing. Some want to take advantage of the lowest prices possible, and some are hoping for a recovery so they can sell at a higher price.

If you're a homeowner wanting to sell, you have to understand that when we come to you with comparable sales and give you a suggested list price, we are using our knowledge of the market to give you facts. Your house is worth what it's worth and you can't expect buyers, appraisers and real estate agents to agree that your house is worth more, just because you think so. When I tell you your house isn't worth what you think it is, I'm really not trying to insult you. I'm just stating facts.

If you go to the dentist and the dentist shows you your x-ray and says you have cavities, are you going to argue this fact? Are you going to blame the dentist for your cavities? Are you going to go to another dentist and see if the next one will tell you what you want to hear?

I am a homeowner and understand what it's like to lose value in your home. If you're not in a situation where you must sell, it may be best to wait until the market improves. If you must sell, you might need to consider a short sale.

 

Posted by

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Remax realtor buyers agentContact Buyer's Agent Tracie Cope, REALTOR®
Direct: 740-405-6231 - call or text
E-mail: tracie814  @  gmail.com


Re/Max 360
Licking County, Buckeye Lake

Your source for Licking County MLS, Property Search, Home, Homes For Sale, Real Estate Listings, Newark, Granville, Heath, Thornville, New Albany, Johnstown, Farm, Farms, Ohio, Buckeye Lake, Real Estate, MLS, Multiple Listing Service, Granville, OH, Licking County Real Estate, Licking County Property Search, Licking County Homes For Sale

 

 

 

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Topic:
Home Selling
Location:
Ohio Licking County
Groups:
Active Rain Newbies
RE/MAX Active Rain Bloggers
Adventures in Real Estate
Tags:
homes for sale
buckeye lake
newark
granville
heath
licking county real estate market

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Rainmaker
1,319,719
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Savvy advice, indeed.  

Jun 30, 2011 05:00 AM #1
Rainer
174,961
John Howard
Century 21 LeMac Realty - Mountain Home, AR
GRI, Mountain Home, Arkansas 870-404-3614

Tracie,  A Great analogy...My tooth hurts, but Doc there can't be anything wrong with it...I read about it on the internet....LOL.   Have a Great 4th Holiday!

Jun 30, 2011 05:02 AM #2
Rainer
208,202
Tracie Cope
Granville, Newark, Heath, Buckeye Lake & all of Central Ohio - Granville, OH
ReMax 360 - www.LCountyHomes.com

Thank you Li.

John, I am heading out to a listing appointment soon, it's becoming normal to find homeowners upside down - so it's hard to go in expecting anything else.

Jun 30, 2011 08:37 AM #3
Rainmaker
642,556
Dawn A Fabiszak
Private Label Realty ( Denver metro area, Colorado - Aurora, CO
The Dawn of a New Real Estate Experience!

Tracy ~ wonderful advice.  Besides, what agent in their right mind wants to list a property that is overpriced and pay for advertising, knowing that it won't ever sell for that price in this market?

Jul 05, 2011 09:51 AM #4
Rainer
208,202
Tracie Cope
Granville, Newark, Heath, Buckeye Lake & all of Central Ohio - Granville, OH
ReMax 360 - www.LCountyHomes.com

I hear ya Dawn!  Sometimes it seems like there's a competition just to get as many signs in yards as possible.  I always tell people, I don't want to list your house just to have a listing, I want to sell it! 

Jul 05, 2011 02:38 PM #5
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Rainer
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Tracie Cope

ReMax 360 - www.LCountyHomes.com
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