When selling your home you must consider these three factors…
Your home’s location and setting, influence its value. A home on a quiet cul-de-sac sells for more than the identical home on a busy street. Views, streams and trees usually enhance value. As a seller you obviously have no control over location.
You have nearly complete control over condition and you will increase value and decrease marketing time by being sure your property is in the best possible condition. New homes often enjoy the marketing edge over resale homes because they are clean bright and decorated in current colours and finishings.
If Microsoft stock is trading between $40.00 and $45.00; it does no good to insist on selling at $50.00. Likewise, your home must be priced within the appropriate range. You must actually “sell” your property three times: first to a realtor, second to a buyer and third to a bank appraiser. The buyer is more subjective and compares amenities of your home to those of other homes in the same price range. The appraiser is more objective and compares age, size and cost-identifiable features in your home against other properties that have sold.
Once your home is on the market for sale, there are no guarantees that a buyer will simply walk through the front door and make an offer, even if it is in great selling condition and priced competitively. Effective marketing will help ensure that your property receives maximum exposure to attract ready, willing and able buyers.
An experienced realtor can guide you through the process and help manage your home sale from start to possession, effecting a sale at the highest price possible with the least amount of disruption.
If You are Thinking of Selling Your Home, Consider the Following
- Should you sell first or buy first?
- Is now a good time to sell?
- Is your home ready to sell?
- How can you get the most money possible out of your home sale?
Contact me to set up an informal meeting to discuss your needs and to determine how to move forward with your plans.