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The Right Selling Price Affects Your Bottom Line

When you’re selling your home, the price you set is a critical factor in the return you’ll receive.

That’s why you need a professional evaluation from an experienced Real Estate Agent.

This person can provide you with an honest assessment of your home, based on several factors, including:

Market conditions

Condition of your home

Repairs or improvements

Selling timeframe

 In real estate terms, market value is the price at which a particular house, in its current condition,
should sell within 30 to 90 days.

If the price of your home is too high, this could cause several things

 Limits buyers.

Potential buyers may not view your home because it appears to be out of their buying range.

Limits showings.

Other salespeople may be more reluctant to view your home.

Used as leverage.

Other Agents may use this home to drive the sale of other homes that are better-priced.

Extended stay on the market. 

  When a home is on the market too long, it may be perceived as defective.

Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”

Lower price. 

 An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price.

To sell it, you will have to reduce the price – sometimes several times. In the end, you’ll probably get less

 than if it had been properly priced in the first place.

Wasted time and energy. 

 A bank appraisal is most often required to finance a home.

 

 


Real Estate Agents have known it for years – well-kept homes that are properly priced in the
beginning always get you the fastest sale for the best price! And that’s why you need a professional
to assist you in the selling of your home.

 Often, in a seller’s market, homes that are priced slightly below market value initially will
sell for more, simply because of the extra interest they incite.  This can be a risk, however,
and when it comes to such a decision, an experienced, trusted Real Estate Agent is your best ally.

 

 

 

 

 

How to get top dollar for your home

The best chance for selling your property is within the first seven weeks. Studies show that the longer

a property stays on the market, the less the seller will net. Below are 5 main factors to

accomplishing this goal.

 Pricing Factor

  It is very important to price your property at a competitive market value right when you list it.
The market is so competitive that even over-pricing by a few thousand dollars could

mean that your house will not sell. It's interesting, but your first offer is usually your best

offer. Here are reasons for pricing your property at the market value right from the start in order to

net you the most amount of money inthe shortest amount of time. An overpriced home: 

* Minimizes offers

* Lowers showings

* Lowers agent response

* Limits financing

* Limits qualified buyers

* Nets less for the seller

 80% of the marketing is done when we decide on what price to list your home. If you are unwilling

to list at current market value, you would be better off not putting it on the market at this time.

   Clean Factor

 Most people are turned off by even the smallest amount of uncleannessor odor when buying a home.
Sellers lose thousands of dollars because they do not adequately clean. If your house is squeaky

clean, you will be able to sell your home faster and net hundreds, if not thousands of

dollars more. If you are planning on moving, why not get rid of thatold junk now so that your

house will appear larger? Make more space.Odors must be eliminated especially if you

have dogs, cats, or young children in nappies or if you are a smoker. You may not notice the

smell, but the buyers do! Most agents have a difficult time communicating to their sellers about odor.

If you employ an agent to get the most amount of money for you, please don't take offense if he

must confront you about odor problems.

 Access Factor

Top selling agents will not show your home if both the Key and access are not readily available.
They do not have time to run around townall day picking up and dropping off keys.

They want to sell homes! The greatest way to show a house is to have a key!

When your home is being shown, please do the following: 

* Keep all lights on

* Keep all drapes and shutters open

* Keep all doors unlocked

* Leave soft music playing

* Take a short walk with your children and pets

* Let the buyer be at ease and let the agents do their job

 Paint & Carpet Factor

Paint is your best improvement investment for getting a greater return on your money.
Paint makes the whole house smell clean and neat. If your house has chipped paint, exposed wood,
or the paint looks faded, it is time to paint. If your carpet is worn, dirty,

outdated, or anunusual color, you may need to seriously consider replacing it. Many

houses do not sell because of this problem. Don't think that buyers have more money than you

have to replace carpet. They don't. They simply buy elsewhere.

 Front Yard Factor

 Your front yard immediately reflects the inside condition of your house to the buyer.
People enjoy their yards. Make certain that thetrees are trimmed so the house can be seen
from the street. Have the grass mowed, trimmed and edged. Walkways should be swept. Debris

cleared away. Remove parked cars. This all adds to curb appeal. If a buyer doesn't like the outside,

they may not stop to see the inside.




 

 

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