Guardians of Grail

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Being a real estate investor requires you to be diligent and smart during your listing presentation(your initial meetings with the potential seller of a home). If you aren't thinking ahead in those meetings, you will have trouble. That's why this real estate for dummies created - to help you become aware.

Once the house has been looked around thoroughly and enough pictures have been taken for it's promotion, the seller and I would sit and start talking. The one question that every seller asks is [link widoczny dla zalogowanych] my idea of the house's worth. And I'd tell him the fact - It doesn't matter what you or I think. It depends on what the buyer thinks.

The worth of a house is really dependant [link widoczny dla zalogowanych] on the neighborhood and the amount other buyers have paid to buy similar houses within the neighborhood. So we'll have to look through existing houses that have been sold in the neighborhood.

Have you wondered what actually increases the [link widoczny dla zalogowanych] value of a property? Would you like to [link widoczny dla zalogowanych] know who really determines the value of a property? If you are a real estate dummy who doesn't understand these things, pay attention. You will learn a lot in this real estate [link widoczny dla zalogowanych] for dummies article.

Your seller will still stubbornly believe that the value of his own house [link widoczny dla zalogowanych] is much greater than other houses [link widoczny dla zalogowanych] that were sold in the neighborhood. He's lived in it and therefore [link widoczny dla zalogowanych] he is always likely to [link widoczny dla zalogowanych] be stubborn with that once choice even if the actual value of this house is low.

The seller always assumes his property to be of more worth than the actual worth. Well... it's natural. But the seller doesn't accept that. You have to work with these two conflicting mindsets. Get this: It's always the buyer who determines the value of a property.

Almost every seller [link widoczny dla zalogowanych] out there wants to believe that he is going to determine the property's worth because he owned it. But often, it's not.

The value of a property is always determined by the buyer. It isn't going to be the seller nor you. The buyer will determine it. And the seller would always love to believe otherwise. But the truth is, [link widoczny dla zalogowanych] the seller has zero control.

The seller will be stubborn. And the buyer will always be flexible. He will keep looking for properties that meet his needs. If he finds one that is less than the other, he will certainly choose it. You'll have to learn to work with these two kinds of people.
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