August 25th, 2020
Palos Verdes Homes Selling Tips and Buying Tips are based on the same basic economic principles. If you are a buyer, you need to know what the supply and demand tendencies are for the Palos Verdes homes market place. Are inventories rising or falling. Are there more buyers buying or fewer buyers.
We all know that pricing a home “to the penny” is impossible. We’re not dealing with a commodity, like an ounce of gold. Why is that we know every day exactly what an ounce of gold is worth? There are two reasons, firstly, there are thousands of trades each day for gold contracts. Secondly each ounce of gold is perfect duplicate. That ounce of gold traded in London is the same ounce of gold traded in New York. You can substitute perfectly the ounce of gold in the two locations.
But that’s not the same for real estate is it? The house at 123 ABC Street, even if the same floor plan, is not the same as the house at 456 XYZ Street. So the best we can do when pricing Palos Verdes homes, or homes anywhere, is establish a range, put the home on the market, and then let buyers compete for those homes.
Maximizing your interests as a Buyer and/or a Seller of Palos Verdes homes, all happens within that range. As a seller, are you want to get a price in the top part of that range and the opposite is true if you’re a buyer. The Palos Verdes Homes Selling Tips and Buying Tips shown in this video will help you, whether you’re a Seller or a Buyer of Palos Verdes homes or South Bay real estate. After you watch the video, you can capture these benefits for yourself by accessing the links shown in the screen shots. Just click the pictures to get to the respective Palos Verdes Homes Selling Tips and Buying Tips websites. (If the Palos Verdes homes selling tips video here is not visible, click here or if you’re on an iPhone try the YouTube video here)
Palos Verdes Homes Selling Tips and Buying Tips
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