Hi Chris nice picture, but it doesnt really work. However the age old question as to sellers reamins. Especailly hard to the issue of an appraisal which is higher than the market
Hi Charlie,
I fixed the picture, thanks. Yes, assesments are higher than maket value in our area as well. Of course assesments are a double edged sword, too high and you waste tax dollars, too low and buyer use it to discount the home. Nothing substitues for a close look at recent market activity, wether getting a buyer to see the value or the taxman to grant an abatement!
Chris,
Some good ideas in your post--Yes, it is difficult for sellers to understand current market conditions. I advise my sellers that their pricing is only as good as what their neighbor's home sold for last week.
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