• E8: Understanding Market Value: What's Your Home Really Worth?

  • Jan 7 2025
  • Length: 38 mins
  • Podcast

E8: Understanding Market Value: What's Your Home Really Worth?

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  • Summary

  • In this episode, Jerry breaks down how to determine your home's market value and choose the right pricing strategy. He clarifies the differences between assessed, appraised, and perceived values, explaining why they don't always match the market value. Using a comparative approach, Jerry outlines how to evaluate active, pending, and sold properties to establish an accurate market value. He also introduces the “Goldilocks strategies” for pricing—too high, too low, and just right—and shares tips for collaborating with your real estate agent to select the best approach.

    Jerry also further explores the psychological factors behind pricing decisions and offers practical advice for preparing your home for sale. Key takeaways include separating emotional value from market value and using strategic pricing to attract the best offers. This episode equips homeowners with the tools to confidently navigate the real estate market and maximize their property's value.

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    Produced by: Social Chameleon
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