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fsl Real Estate
■“.rss Eileen M. Day realtor
IMPORTANCE OF
COMPARABLES
When you decide to sell your home, nothing, but nothing, is more important than the sales price you put on it. If you select the right agent, he or she will help you come up with the best marketing price. This is not done by looking into a crystal ball or consulting with a guru. The most important factor to consider is the price of comparable sales in your immediate area. These are sales which have already been completed of homes as nearly like yours as possible.
The homes selected for comparison should be geographically near, for no one factor determines value more surely than location. The sales should also be near in time, for five-year-old sales have almost no meaning in today’s volatile financial market. Also, the homes should be similar in style, size, and condition as your property - the closer the better.
Don’t pay much attention to neighborhood scuttlebutt about selling prices. Sellers often exaggerate the amount received, and buyers often minimize the amount paid.
If there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, VA 22747. Phone: 675-3400. We’re here to help.
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