Boise Idaho Property Value - What is Your Home Worth?
Boise Home Sellers Beware!
There are many misconceptions about pricing a home in the Boise Real Estate Market. The following are the most common pricing pitfalls:
Your home value is not based on:
1. What you paid
2. What you need
3. What you want
4. What your neighbor says
5. Cost to rebuild today
The Biggest Mistake That Sellers Make:
Don’t choose an agent who offers to sell your home at an outrageously high price. The temptation for a seller to do this is great, but please read on!
There are a group of agents out there who use this tactic. They reel in sellers with a high sales price just so they can get the “listing.” Over time, when the market proves that the home is over-priced, they will work on their Boise home sellers to lower their prices until they get to a reasonable market price.
The seller pays the price when they choose a realtor with this strategy because they loose a tremendous amount of market time. Remember your first month is the most important!
Make sure your Boise Real Estate Agent provides you with a Comparative Market Analysis (CMA).
When done correctly, a CMA will show the true value of a home in current market conditions.
And remember that ultimately home value is determined by what a buyer is willing to pay and a seller is willing to accept in today’s market. Buyer’s make their pricing decision based on comparing your property with others that have SOLD in your area.
If you are considering selling your home in Idaho, click here to receive a Free Comparative Market Analysis. We offer CMA’s for homes in Boise, Meridian, Eagle, Nampa, Star, Kuna and the surrounding areas.
Tags: Boise Home Sellers, Boise Home Worth, Boise Idaho Property Value, Free Comparative Market Analysis, Homes in Boise, Selling Your Home in Idaho