Sellers Information
Other Than The Property's Location, There Are Three Basic Reasons Why Homes Don't Sell In Today's market (Pricing, Condition and Exposure).
1. PRICING: The very first step in the home selling process is to determine the value of your home. This can be conducted in one of two ways. You can get it Appraised or have a Realtor conduct a Comparative Market Analysis (CMA) to determine the market value of your property.
This step is completed by comparing your property to other properties that have sold in your sub-division within the past six to eight months that are in the same age, square footage and type construction group as your property. Value adjustments are made for items that your property may or may not have that one or all of the comparables have. Once this step is completed you will have a better understanding of the market value of your property.
2. CONDITION: The condition of the property must meet the Pricing. If the property is price correctly with other homes that have sold within the past six to eight months in your area but the condition is poor it won't sell for market value.
The condition of the property is a very important part to a quick sale at top value with the lease amount of stress on you. Here are a some steps you want to take before placing your home on the market. Replace all wood rot, paint with neutral colors (this is very important), replace old worn or out dated flooring, repair all water leaking faucets, repair or replace all inoperative appliances, cracked or broken windows, get rid of unwanted items and keep your landscape well maintain for great curb appeal.
3. EXPOSURE: National Surveys show that between 74 to 78 percent of today's buyers been their home purchasing process from the Internet. Therefore when selecting a Realtor to market and sell your property, you want one that have Internet present. It's not enough to be on the Internet but where they are located on the Internet is most important.
Here are some sites and directories like Yahoo Classified, Livingchoice.com, Realtor.com, TheRealEstateBook, Google, Looksmart, HomeAdvisor.com, Overture and AOL that you want present on the first page. It's not enough to be just in the local home magazine anymore. Cyber-Space is where you have the greater possibility to sale your home.
Some of the marketing tools you want to ask or look for in the Realtor are: Personal Web-Site, Visual Tours, Internet Data Exchange (IDX),Super Ads Write-Ups are just a few items that he/she should be equipped with in today's market.
POINT TO REMEMBER: If you over Price your home it could be in the greatest Condition and well Exposed, it won't Sell. Your home can be Priced right but if the Condition does not match the Pricing, you can Expose it to the max it won't Sell. Finally if your home is Price right and the Condition meet the Pricing but is not Exposed by the Realtor it won't Sell.
Pricing + Condition + Exposure = Sold, Sold!!
When you are ready to place your home on the market call me. I would like to interview for the job of marketing and selling your home.
Conclusion: REAL ESTATE 101; How To Sell your Home. Call Jose.
Century 21 Premier Realtors, 242 Cove Terrace, Copperas Cove Texas. 254 702-0085
- Complete a comparative market analysis that will compare your home's value to that of your neighbors.
- Compile a comprehensive plan detailing all the efforts I will employ to sell your home, including Internet and local media.
- Present your home to as many qualified buyers as possible getting your home maximum exposure.
- Help you stage your home and generate curb appeal to ensure you get the highest price.
- Assist with obtaining offers and help you in negotiating the best deal as smoothly as possible.
- Help you find your next home and answer all of your questions about the local market area, including schools, neighborhoods, the local economy, and more.
What are homes selling for on your street? Feel free to contact me to find out what neighborhood homes are selling for, free of charge, or to receive a more detailed analysis of the value of your home.
Getting the Highest Price for Your Home
Curb appeal is key and could make a difference whether people stop and take a flyer, or drive right by. Here are a few tips to increase the curb appeal of your home. Staging your home is important. Many buyers will stay in your home longer if it's staged appropriately. I have compiled some ideas to present your home in the most effective manner.
I have articles that will help you stage, understand curb appeal and other articles designed to assist you in preparation of your home. Call me to receive this information.
- Title insurance fees depend on the sales price of the home.
- Broker's commission is a full-service fee and will cost anywhere between 5% to 7%.
- Local property transfer tax, country transfer tax, state transfer tax, and state capital gains tax are the charges that you'll pay for the privilege of selling your home. Credit to the buyer of unpaid real estate taxes for the prior or current year are variable and depend on when you close and when your taxes are due.
- FHA fees and costs are all fees are now negotiable between an FHA buyer and seller.
- Home inspections fees are in some circumstances paid for by the seller and include pest, radon and other inspections.
- Miscellaneous fees can accrue from correcting problems noticed during the home inspection.
