{"id":11853,"date":"2017-05-21T07:00:23","date_gmt":"2017-05-20T21:00:23","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=11853"},"modified":"2017-05-21T07:00:23","modified_gmt":"2017-05-20T21:00:23","slug":"video-overcoming-the-annoying-rhetoric-from-agents-about-the-price-of-a-property","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/video-overcoming-the-annoying-rhetoric-from-agents-about-the-price-of-a-property\/","title":{"rendered":"VIDEO &#8211; Overcoming the annoying rhetoric from agents about the price of a property."},"content":{"rendered":"<p>[flex_video widescreen=&#8221;true&#8221; vimeo=&#8221;true&#8221;]  [\/flex_video]<br \/>\n<strong>Transcript:<\/strong><br \/>\nIt&#8217;s difficult to answer the question, &#8220;How much is a property worth?&#8221;.\u00a0 The answer does not lie in how much the seller wants.\u00a0 To figure it out for yourself, you&#8217;ll have to do your homework.\u00a0 Think about what its worth relative to others that have sold recently in the area.\u00a0 Many sellers make the mistake of thinking their property is valued at a certain figure because of the asking prices of other properties in the area.<br \/>\nAsking prices have nothing to do with value. It\u2019s more important to take notice of the eventual sale prices. The gap between the listed price and the sale price is known as the negotiation rate and that heavily influenced by market conditions. In a seller\u2019s market you will typically see a lower negotiation rate wearers in a buyers market it is likely to be much higher.<br \/>\nIn a normal market the negotiation right is somewhere between six and 10%. When you begin to compare homes, it&#8217;s important to factor in location. Where its located in the neighborhood &#8211; to shops, transport and schools. \u00a0Many families want to be within a few blocks of the local public school but prefer not to have their backyards adjacent to the school playground.<br \/>\nNext, think about where the house is located on its block or in the building. Is it on a corner?\u00a0 What is the outlook? Is it next to a high-rise building or a block of units?\u00a0\u00a0 If you are looking at a unit or townhouse for example, is it better to be located on the perimeter, or is an interior location better?\u00a0\u00a0 In a high-rise building &#8211; one side of the building could be more favoured than another because of the sun, views and even the height of the level you will be on. \u00a0Which is more important to you, the lower cost or the better view?<br \/>\nRemember, a unit with the best view in a building will appreciate faster than other units in the same complex.\u00a0 Value is not always in the eye of the beholder. Every property sells. There\u2019s a buyer for every property. The only thing that stops a property from selling is the price. The true value of property is determined by the buyer and the seller. It\u2019s what a willing buyer is prepared to pay and a willing seller is prepared to accept.<br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[flex_video widescreen=&#8221;true&#8221; vimeo=&#8221;true&#8221;] [\/flex_video] Transcript: It&#8217;s difficult to answer the question, &#8220;How much is a property worth?&#8221;.\u00a0 The answer does not lie in how much the seller wants.\u00a0 To figure it out for yourself, you&#8217;ll have to do your homework.\u00a0 Think about what its worth&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":11971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,35,36,29],"tags":[131],"class_list":["post-11853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-development-topic","category-property-investment-topic","category-video","tag-videos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VIDEO - Overcoming the annoying rhetoric from agents about the price of a property. - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/video-overcoming-the-annoying-rhetoric-from-agents-about-the-price-of-a-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VIDEO - Overcoming the annoying rhetoric from agents about the price of a property. - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"[flex_video widescreen=&#8221;true&#8221; vimeo=&#8221;true&#8221;] [\/flex_video] Transcript: It&#8217;s difficult to answer the question, &#8220;How much is a property worth?&#8221;.\u00a0 The answer does not lie in how much the seller wants.\u00a0 To figure it out for yourself, you&#8217;ll have to do your homework.\u00a0 Think about what its worth...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/video-overcoming-the-annoying-rhetoric-from-agents-about-the-price-of-a-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-20T21:00:23+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-overcoming-the-annoying-rhetoric-from-agents-about-the-price-of-a-property\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/video-overcoming-the-annoying-rhetoric-from-agents-about-the-price-of-a-property\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"VIDEO &#8211; 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