Key Home Selling Tips

Selling Your Home

Key Home Selling Tips

There are many factors that determine the value of your home in the current market. The home itself is only a part of the puzzle. We’ll take you through each factor to help clarify the process we use to establish your home’s value.


Location
Where your home is located may be the single most important factor when determining the value of your home.


Condition
The condition of your home affects the price and how quickly it will sell. The appearance both inside and out can bolster the buyer’s perception. Since emotion plays a large part in buying a home the buyer’s first look is important!


Price
Establishing the correct price for a home will help ensure a quick sale for your home. This comparative market analysis will enable you to decide the optimum price for your home.


Competition
Buyers will evaluate your home against others they deem comparable. Properties currently for sale and properties that have recently sold will have the greatest impact on the market value of your home.


The Market
The real estate market is always changing and these changes may affect property values. Knowing that it is difficult to forecast the market, a flexible marketing plan will help prepare you and your home for sale.


FREE Market Analysis


Our Free Market Analysis presentation contains information that will enable us to compare your home to others like it in the market place. This comparison will help us decide the fair market value for your home in the current market. Once we have decided on a price and tested it, changing market conditions may require adjustments to the price to remain competitive.


This comparison is called a comparative market analysis (CMA). It uses the most current and reliable information from the Multiple Listing Service (MLS), real estate firms, and title companies in this community. The homes included in this analysis are a sampling of properties in the area that are currently for sale or that have recently sold. They provide us a base line from which to begin our comparison. Other factors considered in this comparison are square footage, location, amenities, the physical condition of your property, and the effects of any existing financing on your home. At times, the term "fair market value" causes confusion. The definition has three basic parts – particular house – current condition – time frame (usually 30 to 90 days). Put simply, fair market value is the price at which a home will sell within a reasonable amount of time. This CMA will allow us to figure, using the above information, the fair market value for your home. Remember this is just an estimation and the price could vary up or down depending on the motivation of the buyer, seller and any fluctuations in the market.

Give our listing specialist a call at 918.406.0994 or email to get started!