Thursday, July 23, 2009

Crazy Time for Home Prices

Think the Computer Knows the Value of Your Home?
Think again.

This is probably one of the craziest times in recent history for establishing home values. There are many online home pricing tools, but there is no subsititute for good old manual work. Most agents rely on computers to do their work, but accurate this-house-is-going-to-sell pricing requires that the agent take the time to do extensive research. Today that research includes knowing the property and the neighborhood, looking at the multiple listing service and public records, and considering recent sales and unsold listings. In a market that can fluctuate daily, relying on listing or sales prices alone is not smart -- the information may be 60 days old and already outdated!

The Sanborn Team has been in the real estate business for 30 years and we know that there is no substitue for a well-seasoned, knowledgeable and experienced agent -- especially when it comes to pricing a home. As with all of our services, we believe in doing things the old fashioned way, from determing home values to providing prompt, frank, understandable, customer-friendly service.

If you want to learn about the value of your home in TODAY's market, please call us at 310-777-2858 or email us at