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Real Estate Tips
About Appraisals >Working With A Real Estate Agent

It is not unusual for homeowners to yield to the temptation to try to sell their own home. It seems easy enough--just place an ad in the weekend paper and wait for buyers to show up. Although it may seem simple, real estate sales transactions are extremely complex proceedings.

The first pitfall can come with pricing your property realistically. Homeowners often price their property too high initially, then drastically slash the price when weeks go buy without an offer. Even if a prospective buyer agrees to the initial asking price, there could be complications if the buyers begin to feel that they have agreed to pay too much, or if the lender's appraisal values the property at far less than the agreed-upon price. Some clients hire agents to market their home professionally after weeks or months of trying to sell their own home without success, or after their FSBO transaction fell through.

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Real Estate Trivia
Q 
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?

A 
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen.
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Carol Upton - Sieverding, REALTOR®, real estate agent and broker for Madisonville, Mandeville and Covington, Louisiana home listings, property and land for sale - NUMBER1EXPERT

Carol Upton - Sieverding
Latter & Blurn Inc. Realtors

1321 W. Causeway Approach
Mandeville, LA 70471
985-630-5748
Fax: 985-626-4112
caroluptonsieverding@NUMBER1EXPERT.com


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