How do you know if a property listed on the MLS® is fairly priced?
The Multiple Listing Service indicates a specific price for each property. But how do you know if the list price is fair? One that’s on par with similar property in the area?
Buyers who choose a licensed REALTOR to represent their interests have easy access to unbiased comparable information. This info - known within the real estate industry as ‘comparables’ – specifies lesser known details relating to the specific property and properties in the surrounding area, often providing additional insight not detailed in the MLS listing.
Your REALTOR can also determine the buy-sell history of any property, the availability of similar property in the area, and whether or not there are competing bids – information which is crucial in assessing the fairness of the listed asking price, and making an educated purchase offer.
It's Your Career - I'm Here To Support YOU!,
Constantine Isslamow
Real Estate Broker/Mortgage Broker/Manager
Century 21 United Realty Inc. Brokerage/CENTUM Core Financial Inc.
Independently Owned and Operated
www.Twitter.com/ConstantineC21
CENTUM Core Financial Inc. Brokerage License #: 10642 Constantine Isslamow License#: M08005391
Posted by Constantine Isslamow
on October 25, 2009