Tanya Rankin Discusses the Importance Of Understanding Market Value When You Think Of Buying
Tanya Rankin: Hi it’s Tanya Rankin in Williams Lake. I want to express the importance of market value. I think sometimes people feel they got a great buy on property simply because they got it for less than a person was asking. But the reality is if you have absolutely no idea what the person should be in that particular market you might think you getting a great buy simply because you got the people, negotiate it or angled them down thirty, forty, fifty thousand of the list price. But if someone is asking three hundred thousand and you get it for two fifty is that automatically mean you got a great buy on it? Not always, maybe the property really worth two ten. That’s why it’s so important you understand market value either have an agent that explains it to you help provide you with that incomparable data or at least educate yourself if you don’t want to work with an agent as to what other similar property has been selling for just because you get somebody down substantially after asking price doesn’t mean you got it for grea deal. If you have any questions send me an email anytime to tanya@tanyarankin.com and I hope you have a fantastic week!