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Real Estate Tips
Pricing >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!

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Real Estate Trivia
Q 
What makes the structure of the Hoover Dam unusual?

A 
The Hoover Dam was built to last 2,000 years, and is constructed of concrete that will not be fully cured for another 500 years.
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AJ George & Associates, REALTOR®, real estate agent and broker for Los Angeles County, Orange County and San Diego County, California home listings, property and land for sale - NUMBER1EXPERT™

AJ George & Associates
Keller Williams Realty

4644 Admiralty Way
Marina Del Rey, CA 90292
Phone: 877-727-SOLD (7653) Ext10
Fax: 310-531-7414
AJ George: homes@ajgeorge.com

Today's market calls for experience, integrity, foresight and excellent negotiating skills. It is our mission to help each client identify and realize their specific real estate goals. Our clients are the best that any team could hope for. Thank you for your continued support and your generous referrals. We sincerely appreciate you! - AJ George


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