Determining Market Value

One of the most valuable services a REALTOR brings to any sales effort is an honest and fair appraisal of market value as determined by a professional market analysis.  Factors that should be considered when determining price are:

  • Condition of the property,
  • Available financing including the amount of the monthly payments,
  • Comparable sales and listings within your market area,
  • Local supply and demand for that particular property type, and
  • National, state and local economic trends.

Ask a REALTOR about local market conditions and average days on the market in your neighborhood.  Remember that a REALTOR's job is to help you get the best price for your house.

 
Find a Home | Find a REALTOR© | Mortgage Calculator | The Roanoke Region | Find Roanoke | Why Use a REALTOR© | Helpful Hints

Copyright © 1997-2005, RVAR.