The Market Value of Your Home is NOT:
1-What you have invested in it.
2-What you need out of it.
3-What you want for it.
4-What it is appraised for.
5-What you heard your neighbour’s house sold for.
6-What the tax department says it is worth.
7-How much it is insured for.
8-Based on memories and treasures.
9-Based on prices of homes where you are moving.
Its value is what a Buyer is willing to pay:
1-Based on today’s markets.
2-Based on today’s competition.
3-Based on today’s financing.
4-Based on today’s economic condition.
5-Based on the buyer’s perception of the condition.
6-Based on location.
7-Based on normal marketing time.
8-Based on showing accessibility.
As a Seller You Control:
1-The price you ask.
2-The condition of the property.
3-Access to the property.
As a Seller You Do Not Control:
1-Market Conditions.
2-The motivation of your competition.
3-Value.