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Importance Of A Market Analysis

Saturday, July 9, 2016   /   by Teresa Dipeso

Importance Of A Market Analysis

When choosing a real estate agent to sell your property, there are many things to consider, and there are many great agents to choose from.  When discussing with an agent what your home might sell for if it were listed on the market, be sure to ask the agent WHY they think it is worth what they say it is.  

Let's face it: we all want our homes to be worth more than they really are.  If you tell the agent that you think your home is worth $500,000, but comparable properties either sold or are actively listed for $450,000, you may simply be told what you want to hear, instead of the honest truth.  That agent wants your home to be worth more, too!  But, if your home is overpriced, I guarantee you it will sit unnoticed on the market.  Your time will be wasted.  

Ask an agent to show you comparable properties, a market analysis, as to what your property might realistically sell for.  We would be more than happy to perform and discuss with you a free report on your property today.

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Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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