Realty World - Tri Shasta » Home Sales http://rwtrishasta.com Serving you since 2004 Tue, 07 Feb 2012 17:20:00 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Pricing Technologies http://theannmarienelson.com/2012/02/07/pricing-technologies/ http://theannmarienelson.com/2012/02/07/pricing-technologies/#comments Tue, 07 Feb 2012 17:20:00 +0000 AnnMarie Nelson http://rwtrishasta.net/2012/02/07/pricing-technologies/ 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

]]> http://theannmarienelson.com/2012/02/07/pricing-technologies/feed/ 0 Pricing http://theannmarienelson.com/2012/02/01/pricing/ http://theannmarienelson.com/2012/02/01/pricing/#comments Wed, 01 Feb 2012 18:28:00 +0000 AnnMarie Nelson http://rwtrishasta.org/2012/02/01/pricing/ 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

]]> http://theannmarienelson.com/2012/02/01/pricing/feed/ 0 Five Factors to Selling Your Home http://theannmarienelson.com/2012/01/23/five-factors-to-selling-your-home/ http://theannmarienelson.com/2012/01/23/five-factors-to-selling-your-home/#comments Mon, 23 Jan 2012 18:40:00 +0000 AnnMarie Nelson http://rwtrishasta.org/2012/01/23/five-factors-to-selling-your-home/ There are five factors to selling your home, even in this market! These five factors are:

Location
Condition of your home
Terms of the sale
Asking price
The real estate agent your select

Four of these five factors you can control! The only one out of your control is the location.
The location of your home does impact the value of your home. Homes located on quiet streets or cul-de-sacs have more location value than homes located on busier streets. Other factors affecting the value of your home due to its location are:

Mountain views

City views

What backs up to your property

These items give an idea of the typical factors that affect the location value. These are factors, again, that you have no control over, but play a major role in the value of the home.
But, never underestimate the important of having your home looking at its best. Having your home appeal to the buyers is very important.

First impressions are very important: Curb appeal and front entrance
Kitchen and bathrooms are important rooms: Keep clean and uncluttered
Flooring should be clean and deodorized
Paint – its is the highest return improvement investment one can make and the most inexpensive compared to other home improvement remedies

Last but not least, the terms of the sale is important to the marketing of your home as well. The possession date, financing options, and contingencies are all examples of the terms of sale. The more flexible, the easier the transaction. You can use flexibility in terms to negotiating a higher selling price. It is important to consider all aspects of the offer to purchase before making any decisions.

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