Monday, May 12, 2008

How to Price Your Home to Sell

As a seller, you must strike a delicate balance between setting a price high enough to reflect the full value of your home and setting a price too high for the market to bear.
The following steps can help you determine a list price that finds that balance.

Here’s how we can help you:
We will perform a Comparative Market Analysis (CMA) to help you accurately determine the selling price of similar homes
We will analyze sales data and calculate market trends.
Make an impartial assessment of how homes for sale in your neighborhood compare to yours in terms of size, location, amenities and condition.
Give you an honest assessment of your home’s saleable condition and what you may need to do to get it sold.

Comparative Market Analysis and Market Research
We can accurately measure the value of your home through a comparative market analysis (CMA). A CMA provides information about recent selling prices of similar properties in your market. They also include information about area homes that failed to sell in recent months along with their corresponding list prices. We can help you obtain and analyze this critical information.

Friday, May 2, 2008

What Can I Do to get my Home Sold?

Q. My home isn’t selling. What can we do to get it Sold!!

A. Well, if we knew the complete solution, we could end the housing slump and turn the U.S economy around. Unfortunately, there are many reasons why homes do not sell quickly.
A year or two ago, homes in any condition were selling as long as they were priced at market value..... Dirty homes, homes that were not updated, along with beautiful & updated homes. There were plenty of buyers for homes in all conditions. We had investors. We had buyers with marginal credit scores. We had everyone wanting to cash in on the housing boom.

That’s not happening now. The homes that are selling are the homes that are clean, sharp & updated. That’s what today’s buyers want. If you have less than that, you will have to price your home less then those who have kept their Home updated. Those who kept their investment up…spent the money to keep it looking great, are the ones rewarded in this kind of market. Reality hasn’t set in on those who did not update & think their home is worth much more than it is. It doesn’t matter what you think your home is worth. It’s what the market says it is worth.

If you are thinking of selling. Give us a call. We’d be happy to come by and tell you what you need to do to get your home sold. Sometimes it doesn’t take much to get top dollar for your home. We are here to help you.