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Whats the difference between Fair market value and asking price?

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Whats the difference between Fair market value and asking price?

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A. You can assume that some negotiation will be necessary to reach an agreement with a buyer. The professional who presents you with the results of your Free, No Obligation, Competitive Market Analysis (CMA) will provide all the data that establishes fair market value. Then, based on your own timing and marketplace variables, your real estate professional will be willing to help you establish a competitive pricing strategy. Generally speaking, the owner’s asking price — the advertised price of a house when it goes on the market — is set slightly higher than fair market value.

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Generally speaking, the owner’s asking price — the advertised price of a house when it goes on the market — is set slightly higher than fair market value. You can assume that some negotiation will be necessary to reach an agreement with a buyer. I would be pleased to help you establish a competitive pricing strategy.

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10

Generally, speaking, the owner’s asking price – the advertised price of a house when it goes on the market – is set slightly higher than fair market value.

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Generally speaking, the owner’s asking price — the advertised price of a house when it goes on the market — is set slightly higher than fair market value. You can assume that some negotiation will be necessary to reach an agreement with a buyer. In most cases, the agent who presents you with the results of your CMA will be willing to help you establish a competitive pricing strategy.

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Generally speaking, the owner’s asking price – the advertised price of a house when it goes on the market – is set slightly higher than fair market value. You can assume that some negotiation will be necessary to reach an agreement with a buyer. In most cases, the agent who presents you with the results of your CMA will be willing to help you establish a competitive pricing strategy. Who can help me determine the right asking price? Real estate sales agents suggest asking prices based on a wide array of information you may not have at your disposal, including recent listing and selling prices of houses in your neighborhood. If you’re not completely confident in their suggestions, you may want to order an appraisal. Next, establish clear priorities. If you had to choose, are you more concerned with selling quickly, or getting the most money possible? Someone else – a neighbor, friend or relative – may point out advantages or disadvantages about your house that you hadn’t thought about.

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