Obstacles to Proper Pricing

OBSTACLES TO PROPER PRICING

Incompetent Agents

Who will accept a listing at any price the seller puts on it.

Neighbors

Who lead the seller to believe they got more for their house than they actually did.

Inflationary Times

That cause prices to go up rapidly because of economic factors

Recessionary Times

That cause prices to go down because of adverse economic conditions.

The Market

When drastic changes in supply and demand alter a home’s worth.

Loss of Perspective

Due to the seller being emotionally involved and losing their objectivity.

Need for a Certain Amount of Cash

Has nothing to do with value no matter how important the reasons.