House “for sale”: Many owners hope to make a substantial profit when they sell their house. But how do you correctly assess the value of the property?
(Photo: dpa)
Frankfurt Anyone who wants to sell their house these days should almost always be able to ask for significantly more than the purchase price. Nevertheless, it is not so easy for real estate owners to correctly assess the value of their own apartment or house. Most homeowners make a huge misjudgment, as a survey by the online broker McMakler revealed some time ago. Four out of ten owners are therefore significantly above the current market price with their valuation.
But it is important for owners to set the offer correctly for a sale. If you set the price of your property too high, you have a bad hand as a seller. On the other hand, if you set it too low, you may be annoyed. Owners have to be doubly careful: the term “expert” is not protected in Germany. So what needs to be considered? What are the most important terms used by experts? Here are a few important basics that experts use as a basis for the assessment.
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