Selling A Home
Quality will be prized as a precious possession. "I think one of the worst fears, especially for a Seller, is that their home is listed and they never hear from their agent. My goal is to have effective communication often."Selling a home can be a challenge in any type of economy. Here is an article and some general tips that can help prepare you to sell your home.
Recipe For a Sale
Here are 5 ingredients that make up the sale of your home.1. Location - We usually cannot move a home! To coin the favorite phrase of appraisers: "Location, Location, Location." The pricing or your property must reflect its location.
2. Condition - The upkeep and presentation of your property is crucial to obtain the high-est value for your home in any given market at any given time. The pricing of your property must reflect its condition.
3. Price - Price is the number one factor in the sale of a home. A property is really only worth what one person is willing to pay another to gain ownership of it. Price must be in direct relationship to the other 4 ingredients and it is the most important of all!
4. Terms - The more terms available on your property the more potential purchasers you reach. The pricing of your property must reflect the kinds of terms available to purchase it.
5. Market - Interest rates, competition and the economy all make up the influence the state of the market when you sell your home. The pricing of your property must reflect the current status of the market.
General Tips
- Clean everything thoroughly. Ask a friend to help you assess your efforts in sensitive areas, such as pet odors.
- Put out clean towels, new soap, a nice tablecloth and fresh flowers.
- Don't be at home (if possible) during a showing or open house. Your absence will put buyers at ease so they'll feel free to linger and ask questions.
- If you do stay, be polite, but let your sales associate do the talking.
- Don't apologize for the condition of your home.
- Make sure kids and pets are out of the house, if possible.
- Unclutter all areas of your home to create an impression of spaciousness and plentiful storage space. A great way to clear away clutter and make money at the same time is to hold a yard or garage sale.
- Nothing makes a home look newer faster than a fresh coat of paint. Neutral colors such as beige, white, off-white and gray have a broad appeal to prospective buyers. These colors suggest newness and cleanliness. It's a good idea to stick to neutrals when making any improvements prior to selling your home.