From the Baltimore Sun Real Estate Wonk:
Realtors’ take on Maryland home prices
We can be pretty certain that a lot of home buyers and sellers don’t see eye to eye on values, or else the average sale price wouldn’t be 11 percent lower than the asking price. But where do real estate agents stand in the debate?
Well, 85 percent polled in Maryland say sellers think their homes are worth more than they — the agents — believe it is, according to a new survey by real estate site HomeGain.
Most of that difference is pretty big.
Half the Maryland agents surveyed say their average clients think their homes are worth 10 to 20 percent more. Eleven percent say average clients think their homes are worth in excess of 20 percent more…..
Read the rest of the article here.
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350
