Almost every owner seeks to get the best possible price and terms for his or her property. Market conditions, and interest rates are a couple of the factors that establish the market value of your home. Â Elikaâ€™s goal is to obtain maximum price and the best terms for your home.
Every property has a price. There’s the price the owner desires, the price the buyers would like to offer and most importantly, the point of agreement which can result in a successful sale.
When evaluating the price of your home, consider the following:
- Local sale prices - as a similar home in a different neighborhood will change the value.
- Supply and demand – If you reside in a neighborhood that has a growing job market, growing population and limited housing supply, prices will typically rise. On the other hand, if your neighborhood is losing jobs and people are moving out, then it will become a Â buyer’s market.