Spring Texas home buyers have lots of questions about houses and I suppose that is a good thing. There are numerous things about a house buyers should want to know because the answers impact the market value of the house. Questions such as “How old is the home’s water heater, roof, and HVAC system?” A home that has had its main components recently replaced is worth more than a home whose components are at the end of their useful life.
There are some questions that buyers ask which have no impact on the value of the house. Questions such as “Why are the sellers selling?”, “Where are the sellers moving to?”, and “What did the sellers pay for the house?”. Buyers don’t need to know the answer to these questions to determine the market value of the house. Comps are what buyers need to be evaluating and studying to determine the home’s market value.
But buyers get hung up on these questions especially the question of “What did the sellers pay for the house?”. What the sellers paid for the house last year or ten years ago does not matter. The comps are what matter.
Sellers on the other hand are just not as curious about buyers. Sellers don’t ask “Why are the buyers buying?” or “Where are the buyers moving from?”. All the sellers want to know is “Are the buyers pre-approved for a loan and do they have the financial ability to buy our house?”.
Jill Wente is an exceptional Realtor - a true professional and an expert in her work. Jill has guided us... read moreJill Wente is an exceptional Realtor - a true professional and an expert in her work. Jill has guided us through the process of buying more than one property over the years and we couldn't wish for a better agent - Jill is the best! Jill is very knowledgeable and a pleasure to work with - she works hard to make real-estate transactions appear easy and practically effortless for her clients. Jill has incredible attention to detail when answering questions, sharing important information, preparing paperwork, communicating reminders about the next steps - always timely, accessible, thorough, efficient, and highly professional. When we work with Jill, we know we are in good hands. Very highly recommend Jill to anyone looking for the best real estate agent! read less