Fair Market Value Has Been Defined as:
The highest price estimated in terms of money which the property will bring when the property is exposed for sale in the open market by a willing seller, allowing time to find a willing buyer, neither buyer nor seller acting under compulsion, both having full knowledge of all the uses and purposes to which the property is adapted and for which is capable of being used.
This market value definition presupposes perfect knowledge on the part of the buyer and seller. Since this perfect world rarely exists, our estimate of price is generally indicated as a range.
In evaluating your Stockton property we use many of the tools that a professional appraiser utilizes: comparable sales, competitive listings in escrow, square footage, location, amenities, and the general condition of the property. We also consider the effect of any existing financing on the property.
When we compile a market analysis the enclosed data is researched from the reliable information currently available from the Metrolist multiple listing (MLS). the assessor's records, LAR Association of Realtors, Stockton realty firms, Stockton real estate agents and escrow companies. It does not reflect every property of comparable value for sale now, but does represent a good cross section of the competitive real estate inventory and recent sales.
Please note that while none of the properties may be exactly like yours, they do provide a good reference source in a comparative market analysis.
The estimated value range we give to your property does not mean that the sale of the property could not occur at a higher price. The price you ultimately receive, of course, will depend on your motivation, the motivation of the buyer, and market conditions at the time offers are received.
Once we have tested the market of your Stockton at this price, we will make periodic reviews to ensure we remain competitive.
And, of course, Wright Realtors Website:
www.WrightRealtors.com/Listings
We take extensive photographs of the interior and exterior of your Stockton home for use on all the web sites, brochures, mailers and flyer hand-outs and are given to potential buyers. When the buyers making a decision, they have a complete listing of all the amenities to remind them of the quality of your Stockton home.
Traditional Marketing of Your Home:
Your Stockton home will be listed with our MLS (Multiple Listing Service) so that all active agents and brokers can find your home and include when they show their buyers possible new homes. A unique post type yard sign will be placed in your front yard. With your permission, a lockbox will also be placed on your property, preferably the gas meter. Staging Your Home:
We will give you tips on preparing your Stockton home for sale. You'll also receive information to assist you prepare your home for each showing. First impressions, of course, are the most important so we will work together to make the strongest of first impressions. We refer to this task as "Staging Your Home to Sell". Marketing:
Your home may be showcased to thousands of weekly readers by aggressively marketing on the region's most widely read internet sites. Our targeted marketing efforts include Local websites and the other sites that is not only circulated locally but also goes to the San Francisco Bay Area.
Selling Real Estate Books
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