First impressions are lasting Decorations are key Give your home a cheerful feeling by letting the sun shine in Fix that leak Boast of your utility space by displaying them to there fullest potential Safety should be top priority Organized closets make them look bigger Have your bathrooms sparkle Create a welcoming environment by having ... [Read More]
First impressions are lasting
Decorations are key
Give your home a cheerful feeling by letting the sun shine in
Fix that leak
Boast of your utility space by displaying them to there fullest potential
Safety should be top priority
Organized closets make them look bigger
Have your bathrooms sparkle
Create a welcoming environment by having the television off and playing soft music in the background
Avoid having too many people present, it will reduce the feeling that the buyer needs to rush through the home
Keep pets out of the way
Don’t force conversation with the potential buyer
Never apologize for your home that is being lived in
Never stay in the house with the buyers
Try not to get rid of furniture or furnishing to potential buyer, you could end up losing them
Let the real estate agent discuss price, terms, possession, and other factors
An agent has no control over the market, just the marketing plan. Here are some tips that may be helpful: Never select an agent based on price Overpricing in a rising market may be okay, overpricing in a falling market could be disastrous Cost, price, value, and market value are numbers that represent your property ... [Read More]
An agent has no control over the market, just the marketing plan. Here are some tips that may be helpful:
Never select an agent based on price
Overpricing in a rising market may be okay, overpricing in a falling market could be disastrous
Cost, price, value, and market value are numbers that represent your property
Regression (an expensive home being decreased in value because of lesser desirable homes) and progression (a home selling for more than its worth because of having more expensive homes in the area)
Substitution
Over-improvements, need, buying in a higher priced area, original purchase price too high, lack of factual comparables, providing bargaining room, high cost of moving, corporate buy-out are all reasons behind overpricing
Should be price the best and should show the best within the first few weeks of it being on the market
Faster sale, fewer inconveniences, exposure, increased cooperative salesperson response, better response to advertising, higher offers, more money to sellers are all benefits to the proper pricing of a home
Overpricing: Can reduce agent showing Can minimize advertising response Can eliminate interested buyers Can attract unsuitable buyers Can eliminate potential offers Can help to sell competitive homes that are also for sale Can cause complications with the appraisal Can increase holding costs Can increase maintenance costs Proper Pricing Can create a faster sale Can minimize ... [Read More]
Overpricing:
Can reduce agent showing
Can minimize advertising response
Can eliminate interested buyers
Can attract unsuitable buyers
Can eliminate potential offers
Can help to sell competitive homes that are also for sale
Can cause complications with the appraisal
Can increase holding costs
Can increase maintenance costs
Proper Pricing
Can create a faster sale
Can minimize hassles and inconveniences
Can attract the right buyer
Can increase agent showings
Can encourage strong offers
Can increase net proceeds
Can create a sense of urgency in the buyer
Can encourage multiple offers
Can cause compliant buyers
Can create less buyer’s remorse
