Your Home's Value

While your home’s value is important to you, it should be more important to you is the size of your bottom line after the closing.  To this end we work to determine the price range for your home, to develop a high price and a low price.  We do not inflate the high price and we do not undercut the low price.  Neither practice is in your best interest.

The reason we use a range is because we know if two property appraisers appraise your home they will arrive at different prices.  These prices will vary but should never be more than 10% apart.  Here’s an example of a $300,000 home:  10% = $30,000 High = $315,000, Low = $285,000    |  $315,000-$285,000 = $30,000.  Corporations that have homes appraised for relocating employees use this rule and if the difference exceeds 10% a third appraisal is performed and the two that stay within 10% are used. 

When we report our determination to you the report will include:

·        The prices of Active listings in your area (Direct Competition)

·        The prices of the most recently SOLD listings (Market Condition)

·        The prices of homes that did not sell. (Expired Listings)

We employ a standard appraiser’s approach to make price adjustments to make your home truly comparable to the homes selected.

We will determine the range where your home should be priced.  We will also provide you with an estimate of your bottom line after all expenses for both the high, the low, and what we feel is the most likely price.  While we cannot predict the actual bottom line at that time because of variations in terms, we can provide a very realistic “Ball Park” figure.  When you receive an offer for your home we will again calculate a new estimate based on the actual details of the terms and conditions in the offer.  

It is unfortunate that some agents will inflate a list price to get your business from 10% to 20%!  This results in your home lingering on the market, creating a stigma, and either a REDUCED sign or an expired listing.  Industry statistics indicate that overpriced homes that linger on the market result in selling below the original market value.

Likewise, under priced homes sell quickly but do a disservice to the home seller.

Internet house pricing web sites lack the local market knowledge to make proper adjustments to give you an accurate idea of your home’s value.

We invite you to complete the information below to let us determine your home's value.  There is No Cost or Obligation.  If you do not wish to leave a phone number please enter 555-5512 in the space provided.  We keep all of your information confidential at all times.

If you prefer you can email Team Weisenburger for more information.

The  Weisenburger Group