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	<title>Portland Real Estate Update by Janeese Jackson &#187; realtors multiple listing service</title>
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		<title>PRICING HOMES TO SELL&#8230;Transparency Needed!</title>
		<link>http://fabulousportland.com/2009/03/27/pricing-homes-to-selltransparency-needed/</link>
		<comments>http://fabulousportland.com/2009/03/27/pricing-homes-to-selltransparency-needed/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 21:56:13 +0000</pubDate>
		<dc:creator>Janeese Jackson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[appraising real estate]]></category>
		<category><![CDATA[portland oregon real estate]]></category>
		<category><![CDATA[pricing property]]></category>
		<category><![CDATA[pricing real estate]]></category>
		<category><![CDATA[realtors multiple listing service]]></category>
		<category><![CDATA[seller concessions]]></category>

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		<description><![CDATA[Pricing properties for market is always challenging.  There are so many components to determining at what price point a ]]></description>
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<p class="MsoNormal" style="margin: 0in 0in 10pt"><span style="font-size: 12pt"><span style="font-family: Calibri">Pricing properties for market is always challenging.<span>  </span>There are so many components to determining at what price point a house may sell.<span>  </span>The usual elements such as size, age and neighborhood are definitely a consideration, alongside the more ethereal factors such as view, style and cosmetics.<span>  </span>Realtors utilize the RMLS web site (Realtor’s Multiple Listing Service) to view, compile and compare data on presently active listings, pending sales and recent sold properties. At present it is very difficult to compare due to one particularly overlooked element of full disclosure in our results and that is “seller paid concessions”!<span>  </span>These allowances can be in the form of loan points purchased by the seller to lower the buyer’s loan interest rate, a buyer’s closing costs paid by the seller, etc.<span>  </span>In a marketplace where pricing is already made more difficult due to a lower number of usable comparable “solds”, there should be more transparency in the amount of financing concessions.<span>  </span>Our local RMLS should consider a category for seller paid monies.<span>  </span>This would benefit sellers, buyers, appraisers AND Realtors!</span></span></p>
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