Quote:
Originally Posted by Madelaine Amee
OK ... you can determine the value of the property to you, but it is still not going to make someone sell you his home if he wants his price and if you don't pay it, believe me someone will! To me, complete waste of time.
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Are you serious? Doing a market analysis is a complete waste of time? I have purchased a lot of properties and have never paid the asking price. Knowing what the seller paid is very valuable information to determine how much to offer for it. This is also the basis used by every real estate agent who determines how much to list the property for. It is also important to know how much other houses on the same street sold for which is also available on the Sumter web site. Also, how long has the seller been trying to sell the property and why they are selling it are important things to know.