You might want to consult a couple more Realtors on the market value of your home. Most of the estimates should be in the same ballpark.
If your goal is to buy a home for it’s resale value and the one you are thinking of buying in the older neighborhood is at the upper end of values for that neighborhood, then it may not be the wisest choice. If it is similar or lower in price to the others, then there should be no problem, because pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods (for the most part)
A lot depends on why you are buying the house. Are you buying it mostly as a home or mostly as an investment? There is a difference.
In order to own a real estate property in Ethiopia, you have to fulfill at least one of the following criteria.
You can create Bet Delala account in three easy steps: Open Bet Delala Home page, in the login box click “Register”. Fill in the required information and click “Register” Button. Make sure to enter correct values in all fields. You will be notified of Welcome Email being sent to your registered Email account. Go to your email account, open the new email sent to you from Bet Delala and click the link. That will take you back to Bet Delala website. You can also create your new account by using your social media account (Google or Facebook). Then, you can follow the same procedure stated above.
Use the “My Profile” button at the left (Side Menu) after you login into user dashboard. Fill in your Personal Details, then click “Save Changes” button.
Use “My Profile” button at the left(Side Menu) after you login into your dashboard. At the bottom of the page you’ll be asked to enter your new password and confirm your new password. Then click “Save Changes” button.
First login and then on the navigation bar to the right click “Post property”. You’ll find four tabs. Complete all fields in each tab and click next to pass to the next tab. Finally submit the property.
You can use “property listings” from the top navigation bar which lists latest properties for sale or for rent.
Go to user dashboard, then click on the “My Properties” button on the left side menu. All available options are listed for each property on a horizontal line. Pick your choice from view, edit, close and delete property options.
A lot depends on why you are buying the house. Are you buying it mostly as a home or mostly as an investment? There is a difference. For the most part, upgrades are high-profit items for builders. They aren’t designed to enhance the value of the house, but make you happier with the house you do buy. If you are looking at your home as an investment, then you buy from the smaller to medium size in the tract and spend only a minimal amount on upgrades. If you are looking at your purchase as a home, then you select upgrades that will enhance your quality of living. One rule of thumb is to always upgrade the carpet and padding.
If your goal is to buy a home for it’s resale value and the one you are thinking of buying in the older neighborhood is at the upper end of values for that neighborhood, then it may not be the wisest choice. If it is similar or lower in price to the others, then there should be no problem, because pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods (for the most part) Plus, is it a neighborhood on the decline, or are others going to be fixing things up, too, so that it is a neighborhood that is improving? It could turn out to be a very good deal as long as you don’t “overpay” because of the recent improvements. Remember that you also buy a home for it’s value to you as a “home,” and that is something else you should consider. Which neighborhood would you AND your family feel most comfortable in?
You might want to consult a couple more Realtors on the market value of your home. Most of the estimates should be in the same ballpark. It could be that your friend is being more honest with you about the value of your home and the other Realtor gave you a higher number because he already knew you expected it. This is called “Buying a Listing” and is the subject of an article on our web site. Or it could simply be that your friend is a good friend, but not that great of a real estate agent. Mixing business and friendships is always risky to the friendship. On the other hand, if your friend is truly competent and was providing wise advice, she may be offended if you ignore the advice and choose another agent.
A real estate salesperson is more than just a “sales person.” They act on your behalf as your agent, providing you with advice and guidance and doing a job – helping you buy or sell a home. While it is true they get paid for what they do, so do other professions that provide advice, guidance, and have a service to sell –such as Certified Public Accountants and Attorneys The Internet has opened up a world of information that wasn’t previously available to homebuyers and seller. The data on listings available for sale is almost current – but not quite. There are times when you need the most current information about what has sold or is for sale, and the only way to get that is with an agent. If you’re selling a home, you gain access to the most buyers by being listed in the Multiple Listing Service. Only a licensed real estate agent who is a member of your local MLS can get you listed there – which then gets you automatically listed on some of the major real estate web sites.
Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems. The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents. The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker’s name, not the salesperson’s. A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.