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If you are selling your home, you want the best possible price and terms. Several factors will determine how much you will sell your home for. The idea is to get the maximum price and the best terms during the window of time when your home is being marketed. My goal is to get you where you need to be ON TIME!
There are several ways to gather information about the value of your home. The most convenient way to do this is to talk with a Realtor about your property. I will prepare a comparable market analysis showing the prices of recently sold homes that are comparable to yours and the prices of comparable homes on the market.
All real estate transactions are different, and because of this you should do as much as you can to prepare your home for sale and engage a professional Realtor to assist you with the process.
In considering home values, several factors come into play:
The value of your home relates to local sales prices. The same home located elsewhere would likely have a different value.
Sales price is a product of supply and demand. If you live in a community with an expanding job base, a growing population, and a limited housing supply, prices will likely rise. If the local community is losing jobs and people are moving out, then the price will likely drop or stay the same. The personal situation of the seller is also a factor. If you need to move quickly, you will have less leverage in the marketplace. If you have no incentive to sell quickly, you may have more leverage.
Sales price is not based on how much money you need to purchase your next home.
I pride my self in keeping a close eye on the market. Statistics are gathered and analyzed on a regular basis. I can tell you how long it is taking to sell properties in your price range. I will present information to you about the market conditions and will provide you additional information about how the location of your property, condition, and other pertinent factors will affect the price of your home. Based on the information I can give you, you will be able to make an educated decision about pricing your home. |
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You never get a second chance to make a first impression - The "curb appeal" that your home offers a prospective buyer is extremely important. Begin with your lawn: fertilize if necessary, keep it neat and trim, and always remove ice and snow from steps and sidewalks during the winter.
Your front door is a welcoming sign to prospective buyers - Make sure it is clean, and paint it if necessary. A seasonal decoration, such as a wreath, adds an inviting touch.
Wear and tear makes buyers uneasy - Minor imperfections that we often overlook in our own homes tend to turn prospective buyers off, because they overestimate the cost of repairs. Faded and scraped walls, as well as any scratched woodwork, should be restored to good condition. A little paint and furniture polish can go a long way in increasing the appeal of your home.
The brighter the better - Clean windows and open draperies highlight your walls and ceilings. By letting in natural light, you are letting buyers see how bright and cheery your home can be.
Avoid clutter - Buyers have a hard time looking past clutter. By removing items that you seldom use, you let people see the space your home has to offer. Items such as newspapers and toys should be put away, and stairways should be clean and free of clutter as well.
A clean kitchen is a must - Many buyers judge housekeeping based on the condition of the oven and the stove. Make sure both look as shiny as possible. Clean the interior of your dishwasher, removing stains, especially on the door. Clean out your kitchen cabinets, packing away unnecessary items. Countertops should be clean and free of clutter, as well.
Sparkling bathrooms will help sell your home - All tile, grouting and linoleum should be clean and free of soap scum. Fixtures should be free of water marks and polished. If there is a window in your bathroom, open it to allow a fresh breeze to flow through.
Make closets appear larger - By removing items that can be packed or stored elsewhere, closets appear neat and organized, making them seem larger and more enticing to buyers. Don’t overlook your utility space - The attic, basement, garage, and other utility spaces should be as neat a possible, so remove any unnecessary items. Dull walls are easily brightened with a fresh coat of paint. Damp, musty smells are quickly cured by placing bags of limestone in moist places.
Check major repairs - Major appliance repair is something that very few prospective buyers would look forward to. Drain a pail of water from the heater in order to remove rust particles, and change the filter on the furnace. Applying oil to noisy appliance fans is a quick remedy. Be sure not to overlook cleaning the exterior of the water heater, furnace, and other major appliances that will be seen by prospective buyers.
Making repairs now can mean a higher price later - Since buyers tend to overestimate the cost of most repairs, it is generally in your best interest to make necessary repairs yourself rather than leave it to them. If closet doors or screen doors are off track, or if doorknobs are loose, fix them. Dripping faucets and cracked molding also suggest neglect to prospective buyers. By fixing them now you should be able to get top dollar for your house.
Too many cooks spoil the soup - Having many people in the house while it is being shown can be very distracting for buyers. Try to have as few people around as possible, putting the buyer at ease to absorb all of the advantages your property has to offer. Most people like dogs, but they distract attention, so try to keep your pet out of the way during showings.
Let your broker do the talking - If a prospective buyer asks you questions or starts a conversation about your home, be polite, but try to avoid entering an in-depth discussion with them. Your broker is trained to increase the buyers’ interest in your property and easily overcome objections they might voice.
Night showings - In order to best highlight your property, remember to turn on porch lights and any other outside lights for night showings. Inside, try to have the house well lit throughout when the hour of appointment nears.
Sell the house first - Do not attempt to sell the prospective buyer furniture, rugs or drapes in the house, as this practice will detract from the interest created in your home. If the prospective buyer desires any property, discuss these issues with your broker at a later date. |
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Please complete and submit the following . The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential.
To provide a more detailed Comparative Market Analysis I would be more than happy to also assess your listing in person. I will be in contact with you very soon.
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