Why Knowing the Market is Important to Both Buyers and Sellers
Sellers wouldn’t dream of putting their house on the market before finding out what other houses in the neighborhood sold for before listing it. How about buyers? Do they expect the same information from the Realtor they work with? In my experience they don’t and are almost always surprised when I share neighborhood sales data with them before making an offer.
The fact is, whether you’re buying or selling real estate in the Iowa City area, knowing how the real estate market is doing is important to you. If you’re a seller, knowing the market will give you insights on how to price your house correctly for the market when you’re ready to list it. For buyers it’s important to know the market and what similar houses are selling for to ensure you don’t end up paying too much for a house.
Of course the market reports on the site don’t give you that level of information. What they do is give you an idea of how I work and how important I think transparency is in a real estate transaction. These market reports are designed more to give you a “feel” for how the real estate market in the Iowa City area is trending. Areas covered are Iowa City, Coralville and North Liberty.
When you’re done with your research and ready to move forward with your plans to buy or sell a home in the Iowa City area and need more specific information for your situation, sound advice and guidance is just a phone call, text or email away. Call Denise now at 319-400-0268.