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Real Estate Tips
Pricing >Sellers Beware

Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!

Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.

Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!

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Real Estate Trivia
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Who is the world's richest living person?

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William H. Gates, III, Chairman of Microsoft Corporation, whose wealth was estimated at $46.6 billion in 2004.
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The Eric Burch All Star Team, REALTOR®, real estate agents and broker for Jonesboro, Bono and Brookland, Arkansas home listings, property and land for sale - NUMBER1EXPERT(tm)

Eric Burch and Ann Burch
Crye-Leike Realtors, Jonesboro Branch

2907 South Caraway
Jonesboro, AR 72401
Eric's Cell: 870.919.4968
Ann's Cell: 870.243.1332
Office: 870.268.4008
Fax: 870.931.1430
Main E-Mail: eric@ericburch.com

The name Eric Burch is synonymous with excellence in the Jonesboro real estate market. In 2006, our first year in real estate, we had 45 transactions, 4.5 million in sales and were awarded "Rookie of the Year" by the Jonesboro Board of Realtors. In 2007, we had 80 transactions, 12 million dollars in sales, named #1 in sales at the Jonesboro Branch of Crye-Leike Realtors, named "Jonesboro Local Favorite Realtor" by The Sun Newspaper, and awarded the Multi-million Dollar Sales Award. For 2008, we have set a goal to reach the 20 million dollar mark. Wouldn't you like to be a part of these numbers? Eric has definitely made a name for himself and these awards and increasing sales numbers are proof that he and his team are willing to go that extra mile for their clients. With The Eric Burch All Star Team you are not getting just one realtor. You are getting a whole team on your side. This team consists of three realtors, a marketing specialist and a virtual assistant. Eric's wife, Ann, is a licensed realtor and works as Eric's full-time assistant and closing agent. This year we added Richard Wimberley, a licensed agent, as a buyer specialist to concentrate on the specific needs a buyer has in search for a home. And most recently, we have added Kellie Bridges as a marketing specialist to work directly with the seller. This team has proven success and is willing and able to work for you. Give us a call today!

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