The Market Never Lies

Have you heard the expression " the real estate market never lies"?  It's a true statement. It is also true, however, that the market readjusts every three weeks and reserves the right to change its mind at any time!

These days, it's easy to get a general idea of what properties have been selling for by going on Zillow or similar websites like Realtor.com or Trulia.  The problem with depending on those sources entirely is that they often don't reveal certain specifics about the property that may have affected the sales price.  

Here are just a few Issues that contribute to the market value of a property.

• Overall Condition - On a scale of 1-10

• Updates - Done professionally or Poorly

• Landscaping - Easy to Maintain & Inviting

• Floor plan - Nice Flow or Poor Design

• One or Two Levels

• Repairs Required

• Distress Sale

 If you are thinking about selling your home this year or gearing up to buy one, my best advice is to contact a Realtor who you know you can trust and who is currently active in the marketplace.  This way you can obtain the most up-to-date information on sales prices and market conditions. Remember..knowledge is power.

 A great Realtor will easily navigate you through the selling or buying process and help you to avoid negative encounters along the way.  It can be difficult or awkward to switch gears once you've made the wrong decision on which professional will best serve your needs.  

If you are seeking professional real estate guidance or representation, call or text me at (805)710-2415 or email nancy@nancypuder.com. My initial consultations are always FREE.

Nancy Puder is a real estate broker with Nancy Puder & Associates, the premier real estate boutique company in Arroyo Grande, CA. Nancy Puder is one of the largest listing brokers on the Central Coast. Call or Text Nancy (805)710-2415 with your questions anytime. She always enjoys hearing from you!  To access other real estate articles written by Nancy Puder, go to www.nancypuderassociates.com or email nancy@nancypuder.com