The Market Value of Your Home is Not: 1. What you have in it 2. What you need out of it 3. What you want 4. What it appraised for 5. What your neighbor's house sold for 6. What the tax office says it's worth 7. How much it is insured for 8. Based on memories and treasures 9. Based on prices of homes where you are moving
The True Market Value of Your Home is What a Buyer is Willing to Pay: 1. Based on today's market 2. Based on today's competition 3. Based on today's financing 4. Based on today's economic condition 5. Based on the buyer's perception of the condition 6. Based on location 7. Based on normal marketing time 8. Based on showing accesibility
Properties That Sell in Today's Market: The "10's" are the Ones That are Selling. HOW YOUR PROPERTY CAN BE A "10": 1. By improving the condition 2. By offering good terms 3. By improving the way the home shows 4. By adjusting the price (or pricing correctly from the get-go)
As a Seller You Control: 1. The price you ask 2. The condition of the property 3. Access to the property
As a Seller you Do Not Control: 1. Market conditions 2. The motivation of your competition 3. Value in today's market
Pricing your home right in today's market can mean the difference between selling promptly or going through several price reductions, many months on the market, and low offers because of time on the market. It is important to consider what the market is doing, what homes are selling, and what they are selling for. Call a professional Realtor to ensure you compare your home to the right market statistics before you list.
~ I will come do a no-charge "Comparable Market Analysis" to show you what the market is doing and give you a realisic asking price. ~
*WARNING* - Do not automatically list with the agent who gives you the highest price. Make sure they have comparables to back up their pricing. AND - if you do list high and the listing expires in six months, call me to list for Fair Market Value and get your home SOLD!
If you have any additional questions as to the current market, your home's value or how I can help market and sell your property, please call or email me today!