Maine Real Estate For Sale !

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What's The Value Of My Home? | Arriving At Fair Market Value House Worth Methods

How not to value your ME home, to arrive at it's true value is a science.

The figure printed out on your house maine snow jeepinsurance replacement policy is not the real value folks.

Neither is what your barber or hairdresser says to expect the check to read that's slides across the table at the real estate closing.

Here are some other flawed approaches to home valuation, arriving at real estate fair market value

As a real estate agent, broker, REALTOR, the talk during the listing at the owner's kitchen table is often along these lines.

"Well, I have (blank) amount sunk in to this place so the value is....." Or "I have twelve kids and if all of them net $25,000 a piece, then the home is worth...." 

The best nothing to do with the actual ME home value estimation logic.

Is when the real estate seller says simple "I gotta have this figure, somebody will come along with a wheel barrow of money and pay the price I want, expect." Not if it is way way out of the real world market value Mr Seller.

The market decides what the value of the real estate, the home, anything is worth TODAY. If a ME real estate buyer says matter of factly that the home is only worth this much though, it is sometimes not the case. That figure is all the house buyer can afford, not what the actual valuation of the home is. But if fairly, realistically priced and marketed full throttle with far reaching exposure, anything will sell in a reasonable period of time.

Pricing, marketing are the real two reasons property does or does not sell when you boil it all down to the basics.

Here and now. Ignore the market and it's like winking at a girl in the dark. Don't get your hopes up. The results are poor. 

Maine, one drop dead gorgeous lady. Come for a day, expect to stay a life time. Your heart has already been here a long long time. Help the rest of your major body parts catch up. Make the call, take the trip. Watch our Maine real estate and local event videos in the meantime. 

Maine Winter Biathlon IBU Presque Isle Competition Video.

I'm Maine REALTOR Andrew Mooers, ME Broker

info@mooersrealty.com | 207.532.6573

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Comment balloon 8 commentsAndrew Mooers | 207.532.6573 • January 21 2012 07:09AM

Comments

ANdy, the same reasons sellers have trouble selling are universal it seems...now if they just would raise the red flag and say tell me like it is...i understand...let's go for it...how different a realtor's life would be!

Posted by Ginny Gorman, Homes for Sale in Southern RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) almost 9 years ago

Good morning, Andy..... that's one very large Mooers Sign in front of your office..... it's all about the price, no matter what state you're in, just as Ginny said....

Posted by Barbara Todaro, Previously Affiliated with The Todaro Team (RE/MAX Executive Realty - Retired ) almost 9 years ago

Pricing, marketing are the real two reasons property does or does not sell when you boil it all down to the basics.  This is exactly what I tell each home seller and I include staging!  Some get it, some never do.  A day in the life of a REALTOR.

Posted by John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me! (Albuquerque Homes Realty) almost 9 years ago

Needing more money where you are going for this, this and this. Above and beyond the value of the home or whatever real estate means no sale. Or the over priced property will help sell something else that is not.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) almost 9 years ago

Right...price, price, price it right, or help someone else sell their home instead!

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) almost 9 years ago

Wink wink....and then there is that whole condition issue....lots you can do with not a lot of money to make the house as appealing as possible....clean and neat ...a touch of paint ...goes a long way....enjoy your Sunday....(not winking) !

Posted by Sally K. & David L. Hanson, WI Real Estate Agents - Luxury - Divorce (EXP Realty 414-525-0563) almost 9 years ago

The best priced property L and S, is a secret. Like the wink in the dark lazered to the lovely lady in the corner who misses the smoke signal all together. Marketing with all the lights on. Full throttle, wide open like it is the passionate sport it is. Or should be.

S and D ...Smell (snif snif) can help or hurt the sale. That's why I like "Brownie in a can". Not over powering like Jasmine candles but makes the real estate buyer hungry. To make this kitchen their own, for their own pan of deep, juicy, ooey gooey brownies hot out of the oven. Tall cold milk to go with that? (Pitcher in hand)

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) almost 9 years ago

Good morning Andy,

I just have to stop by and tell you how much I enjoy your photos.  I'm moving backwards through your blogs and your moose picture (hunter on top) and this photo of the snow...simply delightful.

Posted by Cindy Edwards, CRS, GRI, PMN - Northeast Tennessee - 423-677-6677 (RE/MAX Checkmate) almost 9 years ago

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