A Team Effort

The overwhelming majority of home sellers find it advantageous to team up with a Realtor. Rather than attempt to learn about selling a home, most home owners feel that it is better to entrust the sale of their biggest investment to a professional. There are a number of complexities of modern Real Estate transactions that should be considered, not to mention the access to MLS, advertising, marketing and screening which are available to assist the seller. Advice can be given on the condition of the market at the time you are considering selling. Your Realtor will also be able to give you a Competitive Market Analysis for your particular property, which will help you determine the value of your property.

Money Matters

Today’s buyer is well informed and price sensitive. A property that is priced over the market can often deter buyers who are serious about finding a property. If the property is under-priced, it most likely will sell quickly–to the detriment of your net proceeds. Care and research should be taken when establishing the original listing price.

There are many factors that will affect the selling price. The following should help you determine the price you can expect to receive:

• What are the prices (listing and selling) of similar homes in your area?
• What is the size, layout and condition of your home?
• What is the location of your home, are you in a desirable area that is in demand?
• Does your home have amenities that are currently popular in the marketplace?
• What is the estimated appraisal?
• What is the experience of your Realtor?
• Is is a buyers market or a sellers market?