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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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| Q |
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?
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| A |
Monticello, begun in 1769, was later enlarged in keeping with its classical forms. |
See More Real Estate Trivia > |
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Joe Piscitelli Coldwell Banker 171 N. Broad Street Milford, CT 06460 203-982-3511 Fax: 203-783-1828 ct-waterfront-realestate@NUMBER1EXPERT.com
As one of America's NUMBER1EXPERTS™ on the shoreline area of Branford, Guilford, Madison and Milford, Joe has listed and sold more upper tier, unique and waterfront homes, then any agent on the shoreline. His love for the waterfront developed over fifteen years ago, when he began swimming in Long Island Sound every day at dawn, year round. A morning habit that continually refreshes Joe’s deep connection to this dynamic and wonderful area, it is a daily reminder of his great good fortune in living within and representing one of the loveliest areas on the East Coast. With many miles of beaches, coves, rivers, outlets, rock outcroppings and abundant wildlife, this “boater's paradise” offers just about every dream location imaginable. In the forefront of the real estate market in this area, Joe is often the first person notified of upcoming properties, and his clients benefit, an extremely important asset for potential buyers or sellers. Today's technological world moves rapidly, and there, again, Joe is the NUMBER1EXPERT, superlatively equipped to handle all of your real estate needs. Call or e-mail him today! 


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