So here’s a question. Let’s say you bought your home 4 years ago for $200,000. Then last year when the market peaked, it was valued at $265,000. Today, your agent says that you must list at $240,000 to compete. Which of the following statements best expresses how you feel & why:
- Yes! I’m going to make $40,000! or
- OMG! I’m going to lose $25,000!
I’d like to hear your comments if you have any.
