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Alan Schorr
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Alan Schorr answered:
The value of a property is subject to many factors. The best indicator of the current value is recent sales, current pendings and active listings of similar properties. Selecting similar properties takes judgement
and experience. Market conditions are very important..currently, much of Phoenix is experiencing an oversupply of properties, reduced demand and your property may be competing against bank owned and foreclosed upon homes...You may want to hire a Real Estate Appraiser - Real Estate Appraisers do this for a living. Appraisers ask to be paid for their opinion but have no interest in how much you sell for or who sells your home. A professional appraisal is unbiased and informed. Your method of valuing the property will not be used by the person that you want to sell to in the future.
and experience. Market conditions are very important..currently, much of Phoenix is experiencing an oversupply of properties, reduced demand and your property may be competing against bank owned and foreclosed upon homes...You may want to hire a Real Estate Appraiser - Real Estate Appraisers do this for a living. Appraisers ask to be paid for their opinion but have no interest in how much you sell for or who sells your home. A professional appraisal is unbiased and informed. Your method of valuing the property will not be used by the person that you want to sell to in the future.
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