Off The Top Of Your Head, Just A Ball Park.
The real estate in Maine seller is asking for a ball park listing valuation over the phone.
Right now. Without the agent, broker, REALTOR seeing the property or what is happening aorund it that affects the listing value in today’s market. The question comes up about just give me a ball park, won’t hold you to it and right here and now, what’s the sticks and bricks worth? Quick like a bunny like we tell the kid’s when the Sand Man is waiting.
Over the years the gut feeling and real estate instincts can kick in when pressed but seeing what we are selling, marketing means hold it.
Tour the property listing and look at what is happening across the street. Crank your head up and study those high tension power wires in the backyard. The car up on jacks. And consider the motivation, the time frame of the property owner’s expectations. Lots goes into this real estate appraisal process warns Yoda.
When the other end of a real estate phone call or email starts to fill in the blanks, the hand goes up. Gonna take more than just a few responses to some rushed questions over the tin can and string. In the spur of the moment with a hurried email with just a line or two. Hitting send in a split second dash hurry hurry. And expecting ding ding ding, survey says (blank) to get the answer they want drive through quick.
Like people, every property is different due to the fix based location it is parked and the condition and supply and demand of how it plugs into the current real estate market.
Like a diamond, a precious gem stone what’s it worth means gotta eye ball the place under the magnifying glass, like using the jeweler’s loupe for a complete examination. Turn your head and cough.
Used to eyeball the up and down, sideways and the what’s around the property listing story. Being toyed with listing a place means answers to hard questions. Lots of them. Taking very good notes during the asking questions.
Please let me look at the place, study the deed to learn about right of ways, other real estate property easements. When the house inspection happens, odors from pets, if the place is dirty and unkept all factor into the what’s it worth figure today.
What like the place is on the market competing with it for a buyer?
What has sold on the market for a listing like it comes into the math exercise.
Is there owner financing on the property listing and if so, what are the terms the seller would consider? And discussing the pros and cons of carrying a privately held mortgage needs to be talked over because a bank appraiser and a picky mortgage loan program can mess up the best of real estate intentions.
Sellers need to be educated about how the market works, this one. Not the one eight years ago when they wished they had sold but were not ready. What steps need to be taken today to get from listing to a real estate closing? Got to have that little heart to heart, candid talk.
It may have been a long time since a Maine property was bought or sold. Folks get rusty. And bringing the property owner up to speed on how things roll today is just part of the real estate discussion. Has to happen to set the stage on what is the strategy for the listing. This one, in its present condition, in the current real estate market.
Not just a sales figure pulled out of the thin air using the crystal ball or relying on outdated property assessments from many moons ago in a small rural area that does not report all it’s real estate sales either.
How to market this special situation in real estate means a tailor made handling to do it best for this property.
Knowing another situation would be better off with a different application approach.
So what’s it worth, the real estate property listing in Maine. Do you give site unseen valuations? No. Because we are not helping the seller with what could be misinformation or just relying on them to one by one answer the many questions that go into the property listing valuation.
Not a case of adding this to make it worth more, sell quicker in a small rural market.
To not polly wolly doodle all the day hang around and develop shelf life with too high a days on market number attached to it.
Like some locales that require granite counter tops, that have snarky home owners associations that help add another layer to the wrinkles surrounding the real estate property listing.
Beyond just the value, there is what do buyers in this market expects as a rule in this price range is part of the discussion we have aorund the kitchen table. After the walk around, through the property listing where the seller is wondering what’s it worth.
Got to see the property listing, to study the condition, the neighborhood, to plug what we learn into today’s market where the property will perform stellar or badly.
If the price tag stuck on the property listing is out of whack. The process is tricky enough with a realistically priced property listing in Maine to handle carefully.
Plus a seller of Maine real estate, the property owner wants to know that the agent, broker, REALTOR is going to treat them like they were family. One that gets along… (Smile). Like us on Facebook.
More about what can go wrong in listing, selling Maine real estate property listings. Here to help you if you are thinking of buying or selling property in Maine.
We’ve 36 years under our real estate utility belt and have lots of actual out in the field actual world experience to draw from so nothing is new under the sun to reinvent to provide you expert service and guidance.
Let’s hear questions, learn about your situation and I’ll give my two cents on how you could approach the real estate need involving buying, selling or both.
But we don’t arrive at property prices for the Maine real estate loose as a goose. By haphazardly blurting out any old number. Too high, too low. based on too little information. Wearing a blindfold and pinning the tail blindly on where the Maine real estate listing should be priced to fit into the current market.
207.532.6573 | [email protected] |
MOOERS REALTY 69 North Street Houlton Maine 04730