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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 
What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?

A 
The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street.
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Brady Palmer, REALTOR®, real estate agent and broker for Augusta, Mid Coast, Central Maine and Brunswick, Maine home listings, property and land for sale - NUMBER1EXPERT

Brady Palmer
Brady Palmer Real Estate
122 Brunswick Ave
Gardiner, ME 04345
207-582-0800
Fax: 207-582-0808
bradypalmer@NUMBER1EXPERT.com


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