http://vancouver-home.info/121/real-estate-auctions/battle-ground-real-estate-auction-07252008/ Thu, 24 Feb 2011 18:54:28 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://vancouver-home.info/121/real-estate-auctions/battle-ground-real-estate-auction-07252008/comment-page-1/#comment-581 JB Tue, 29 Jul 2008 00:43:39 +0000 http://vancouver-home.info/121/real-estate-auctions/battle-ground-real-estate-auction-07252008/#comment-581 I'm not sure what to think. If I was the neighbor I would be concerned and would want to discuss this with my real estate agent and perhaps with an appraiser to find out how this will affect my homes value in terms of a buyer qualifying for a home loan and the appraiser using this auctioned home as a comparable. If it won't be recognized in the comps than I would not be too concerned and I would just make sure my agent is marketing my property at true market value based on today's real estate market. If there are similar properties for sale in the nearby area listed for $90 per square foot and mine is listed at $100 per square foot than I would say that is an argument for my home being listed in a price range that may cause it to sit unsold for a very long time and even longer if prices continue to fall. A home really needs to be marketed at a similar price to other similar homes in the nearby area. If those homes have been listed for quite awhile with no pending sales than it might be wise to list my home slightly lower than the other similar homes in the nearby area. I’m not sure what to think. If I was the neighbor I would be concerned and would want to discuss this with my real estate agent and perhaps with an appraiser to find out how this will affect my homes value in terms of a buyer qualifying for a home loan and the appraiser using this auctioned home as a comparable.
If it won’t be recognized in the comps than I would not be too concerned and I would just make sure my agent is marketing my property at true market value based on today’s real estate market. If there are similar properties for sale in the nearby area listed for $90 per square foot and mine is listed at $100 per square foot than I would say that is an argument for my home being listed in a price range that may cause it to sit unsold for a very long time and even longer if prices continue to fall.
A home really needs to be marketed at a similar price to other similar homes in the nearby area. If those homes have been listed for quite awhile with no pending sales than it might be wise to list my home slightly lower than the other similar homes in the nearby area.

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