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Professional RPA Evaluation

Right Price Analysis

If you are considering selling your property we highly advise to seek out a qualified experienced agent who will be able to assist you analize the market proficiently and come up with the "Right Price". Having the right price is so important in today's competitive market place. When interviewing prospective agents, always ask what their SP/LP average is (Sales Price versus List Price). You might be shocked or amazed. We invite you to contact us to explore how we might assist you in achieving the "Right Price".

If the property is over priced the seller runs the risk of:

  • An overpriced property discourages discourages prospective buyers from making offers since the difference of the list price and the market value is substancial
  • Buyer's agents lose interest in property that is overpriced. They do not spend as much time or energy showing the property as they would if it is prices right.
  • Overpriced properties fail to attract qualified buyers or quality buyers.
  • Buyer's agents avoid showing overpriced properties in order not to lose credibility with their buyers.
  • Potential buyers who learn about the property from the sign or internet get turned off if it is overpriced.
  • Banks and Lenders only finance a percentage of the real value of the property as usually found in an appraisal. If the property is overpriced, they will usually finance a lower percentage, thus reducing the available amount of financing.
  • A property that is unrealistically priced fails to get a normal advertising responce. This reduces the effectiveness of the advertising and results in the "Stale Bread" feeling towards the property of the prospective buyers.
  • A property on the market for a long time generally results in les "Net" dollars for the seller. The NAR research shows that properties on the market for longer than a few weeks decline in their sales price. The seller's net is further reduced by additional holding costs of additional mortgage, taxes, maintenance and staging costs.

When the property is competitively priced:

  • Both buyer's agents and buyers are excited about a competitively priced property. Buyer's agents like to talk up and show these properties with interest.
  • Prospective buyers are shown competitively priced properties by their agent with the intention of buying the property not to compare with other properties correctly priced.
  • Competitively priced properties sell much faser than overpriced ones. Rarely will a property competitively priced become an expired listing.
  • A property that sells in the first month will bring the highest sales price.

     

    What is your property worth?

    What you paid for your property does not affect its value!

    The amount of cash you need to buy your new property does not affect its value!

    What you want for your property does not affect its value!

    What we say your property is worth does not affect its value!

    What another real estate agent says your home is worth does not affect its value!

    What an appraiser says your property is worth does not affect its value!

    The value of your property is is determined by what a Buyer will pay in Today's Market based on Comparing your property to others currently on the market for sale.

    Buyers always determine value!

E-mail an expert at: Info@Sea2SkyResidences.com

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