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Staying Current With Market Value
Once your property has been listed, we will continually collect and review updated information to monitor the offering price. Our observers may include:
- Professional opinions
- Industry (broker) response
- Buyer reaction
- Current market conditions
- Competing properties
- Availability of financing
- Interest rates
- Condition of the property
- Seller motivation
Factors That Do Not Affect A Property's Value
- What the owners paid when they built or bought the property
- Some of the improvements and upgrades the owners have made to the property
- The cash proceeds the owners want or need from the transaction
- What friends, neighbours or relatives say a property is worth
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Kathy Monahan, R.N., B.A.S.
Associate Broker
Forest Hill Real Estate Inc
441 Spadina Road
Toronto, ON, M5P 2W3
Tel 416.488.2875
Fax 416.488.2694 |
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