Buyers & Sellers disagree on values…

Mar 12th 2009
hi

Go figure !

From: HomeGain.com

Homebuyers, home sellers, and real estate pros don’t always agree on what a property is worth, and many buyers thinking that sellers and licensees set the price too high. According to a survey by HomeGain.com Inc., 63 percent of homeowners believe the price their practitioner recommended was too low. About 45 percent of sellers think prices should be 20- to 30-percent higher, and 14 percent believe their home should be priced 30 percent higher. Meanwhile, 21 percent of homebuyers say homes are overpriced up to 10 percent; 32 percent say prices are 10 percent to 20 percent too high; and 6 percent say homes are overpriced by at least 20 percent. Only 18 percent of potential homebuyers believe properties are priced fairly.

Hmmmmmmm….Let’s see …. That means we all have a way to go to meet at a market level where both sides are “somewhat” content.

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    [...] Silverwolf:The Lobo Breed wrote an interesting post today onHere’s a quick excerptGo figure ! From: HomeGain.com Homebuyers, home sellers, and real estate pros don’t always agree on what a property is worth, and many buyers thinking that sellers and licensees set the price too high. According to a survey by HomeGain.com Inc., 63 percent of homeowners believe the price their practitioner recommended was too low. About 45 percent of sellers think prices should be 20- to 30-percent higher, and 14 percent believe their home should be priced 30 percent higher. Meanwhile, 21 pe [...]

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