Saturday, November 9, 2013

IN THIS MARKET DO YOU HAVE YOUR HOME APPRAISED?

Just attended a continuing education class hosted by DS Murphy and Associates. They do appraisals, as well as, consultation appraisals. There is no doubt that the Atlanta metro market has seen a well deserving swing upwards in pricing. What that has done for homeowners is give them a sense of optimism. It has also made some homeowners revert back to unrealistic expectations. Despite the climbing prices, we are still below prices of 2007, when the market started its considerable decline. As agents we are finding ourselves in situations where the homeowners are putting our market analysis to the side. We call it yeah....but syndrome. In other words, yeah I see the market in my neighborhood BUT.....(you can fill in the blank). This might be a good time to consider having an appraisal done on your property in order to get an unbiased opinion on your homes worth. If the homeowner truly believe that his home is worth more than the market he should welcome an appraisers expert analysis. At the end of the day price still drives our North Atlanta market. If you are priced above the market, you receive less interest, and no offers. Potential buyers do not believe you are motivated to sell. The Wells Team represents our sellers to the best of our ability. That includes giving them expert market analysis. As a homeowner remember this: The real estate agents do not dictate the market If you doubt you agents price analysis then call in an appraiser. If you are in the North Atlanta, Lake Lanier, or North Georgia area look us up. www.randywellsteam.com

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