Selling Your Home
Market Value
What factors affect the market value of your home?
Physical Qualities:
Location;
Age; Size of House and Lot; Floor Plan
Condition of Home
and Architectural Style
Market Conditions:
Interest
Rates/Availability of Financing; Buyer Demand
Prices of Recently
Sold Homes; State of the Economy; Seasonal Demand
The Competition
Number of Homes for Sale; Price; Financing Terms; Location and Physical Condition
What factors have no effect on the current value of your property?
* What you
originally paid for your home
* The cash proceeds you want or need from
the sale
* What people say your property is worth
What are the only factors within your control that will help you get the best price and terms for your home?
* Listing
Price/Terms of Sale
* Condition of the House and Grounds
* Promotion and Marketing
* Availability for Showing
* The Sales Associate You Select
Evaluating the Competition
Other sellers are in direct competition with you, especially if the homes they are selling have features and amenities in common with yours. It is my job to be knowledgeable about the homes that are comparable to yours and to evaluate and emphasize the strengths while managing the challanges of your property in the marketplace.
With your help we will look at various factors:
* What are
the important selling points of your home?
* How many comparable homes are on the market?
* What are the prices that comparable homes
have been selling for recently?
* Which comparable homes did not sell?