Real Estate Elements of Value (DUST)

Regardless of its purpose, an item has some value if it satisfies four essential elements:
bench
Bench on the grounds of River Towers
  1. Demand: This means the desire to buy and an ability to pay.
  2. Utility: The item satisfies a human need or desire; such as shelter, income, or recreation.
  3. Scarcity: Limited in supply, as supply diminishes, value increases.
  4. Transferability: Able to transfer from one owner to another

Planning on Selling in {Location_Name}?

If you're planning to sell your home, Nesbitt Realty can help. Our Realtors are familiar with the real estate market in {Location_Name}. A Realtor can determine the best listing price for your property. We know how to market your home to get the best price as quickly as possibly. Nesbitt Realty knows how the home selling process works, so we are ready to assist you every step of the way. Nesbitt Realty has access to the MRIS (our local multiple listing service). MRIS is the MLS database that agents use to find homes for sale in the area. Our agent will add your property to it. Working with a Realtor will make the home selling process run smoothly and much simpler than if you attempt to do it on your own. Learn more about selling your home