The definition of market value is what a buyer is willing to pay, but there is an art to pricing a home so that money isn’t left on the table while keeping the price within reach of the appraisal. It’s an art that many cannot navigate, an art that only is achieved with market knowledge and skill. ARC Realtor Barbara Wheeler has the ability to find that sweet spot of price to cater to the needs of her clients.
Ranking in the top 10 percent of all Birmingham Realtors for over 25 years, Wheeler provides her clients with an enjoyable home buying experience. She contributes her success to her extensive market knowledge and unmatched devotion to her clients. These qualities, along with experience and expertise, are key in finding the right realtor.
According to the National Association of Realtors, market values are dynamic in nature due to a dependence on an assortment of factors, from physical operating conditions to economic climate to the dynamics of demand and supply. Wheelers shares that while 2022 will not bring much change in the inventory, pricing is still very important. “Don’t overprice your home,” Wheeler said.
“If rates increase, it actually may assist in getting more people to consider moving.”
Wheeler suggests hiring an agent that knows the market. “Read their reviews on their website,” she said. “Google and Yelp reviews are paid by the realtor, so just because you may not locate any information on those sites, checktheir website. It is imperative that the realtor has the experience to represent you properly.”