A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

Seller Video Series 6: Market Value

Posted on October 13, 2012 by Tom Bushey

Posted in: Seller Secrets Series , Selling a Home In Calgary , Videos

Source: YouTube - Used under standard YouTube license terms.

If someone bought stock two years ago for $100 a share, and that same stock is now trading at $75 a share, no one would expect a buyer to pay $100 a share just because that's what the stockholder paid.

The same is true of real estate. The value of a house does not depend on how much you paid for it. Nor does it depend on what your neighbor says their home sold for, or how much you may have invested in home improvements that please you.

Instead, the value of a house depends on what the market tells buyers it's worth.

Comments:

No comments

Post Your Comment:

Tom Bushey, Associate Broker & Realtor®

Accredited Seller and Buyer Representative & Condo Specialist

Let's discuss your next home sale or purchase, with no obligation.

Give me a call or text message at: 403-860-8291

Contact Me Now!

THOMAS BUSHEY | RE/MAX iREALTY INNOVATIONS

1301 8 Street SW, Suite 100, Calgary, AB, T2R 1B7 Direct: 403-860-8291 | info@TomBushey.ca

In accordance with Canadian Anti-Spam Legislation (CASL), we do NOT give our permission for other commercial enterprises to contact us for any other commercial messages by email, text message, fax or telephone. Required Disclosures: Different commission rates, fees and listing and marketing services may be offered by other RE/MAX franchisees, brokers and associates in Canada. All realty services offered and provided through exclusive independent contract through, and on behalf of, RE/MAX iRealty Innovations. Incentives, inducements, commission rates and representation agreements are offered on behalf of, and with the authority granted by, the brokerage.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.