Mistake #1 -- Placing the Wrong Price on Your Property
Every Mobile, Daphne and Fairhope area seller obviously wants to get the most money for his or her home as I do your Realtor. Ironically, listing your home at an excessively high price will NOT not accomplish this! Some prospective buyers will lose interest if it is excessivly over-priced before even seeing your property. Also, other buyers may be led to expect more than what you have to offer. As a result, overpriced homes for sale in Daphne, Fairhope, Mobile, or Spanish Fort, Al tend to take an unusually long time to sell, and they end up being sold at a lower price. The best strategy at this time is to price your home at a point where more buyers are interested and you may get more than one offer which insures a higher sales price. I have used this tactic more than one resulting in three offers on property and a selling price $7,000. above list, in this market in November of 2007!

Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value
Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of your Gulf Coast real estate and or homes in Daphne, Fairhope, Mobile, or Spanish Fort, Alabama could actually be lower. Your best bet is to ask your REALTOR®, Barbara S. Reeves, for the most recent information regarding property sales of homes in Daphne, homes for sale in Fairhope, real estate for sale in Mobile, and homes for sale in Spanish Fort, Al. This will give you an up-to-date and factually accurate estimate of your property value.

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