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Real Estate Tips
Welcome > Resources > Tips > Pricing > Sellers Beware ...

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!



Do These Real Estate Tips Really Apply to YOU? 

I've learned these tips through experience. But I know that YOUR situation might be different. That's why I'm here. 

It's my job to personally advise homebuyers and sellers. Ask me if any tip that I've included here really applies to your situation. 

Do any of these tips raise questions for you? Didn't find what you're looking for? Let me know! I am happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly... 

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Real Estate Trivia
Q 
What famous American Lady has an arm length of 42 feet?

A 
The Statue of Liberty
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Wayne Ellis, REALTOR®, real estate agent and broker for Evansville and Newburgh, Indiana home listings, property and land for sale - NUMBER1EXPERT

Wayne Ellis
F.C. Tucker Emge Realtors

7820 Eagle Crest Blvd. Suite 200
Evansville, IN 47715
812-453-1370
Fax: 812-474-2111
Info@WayneEllis.com
Wayne@WayneEllis.com


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