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Real Estate Tips
Pricing >Sellers Beware

Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!

Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.

Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!

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Real Estate Trivia
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What time of year is considered the busiest for homebuyers and sellers?

A 
Real estate is a year-round business, but spring is still considered the best time of year to showcase a home.
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The Schiavone & Shawver Team, REALTOR®, real estate agent and broker for Greenwich, Wilton and Ridgefield, Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

The Schiavone & Shawver Team
William Pitt Sotheby's Realty International Realty

232 Danbury Road
Wilton, CT 06897
203-858-5140
ernieschiavone@NUMBER1EXPERT.com

Our personal guarantee to you and your family: "No High Pressure Sales Tactics".

We will inform and guide you through the entire buying and selling process. Please consider us a valued real estate resource for Fairfield & Westchester Counties.

Ernie is a member of the Greenwich & Westchester Board of Realtors. He is licensed in Connecticut and New York State.


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