If you are planning on selling a house you have an important decision to make: what price are you going to ask for it. This is a difficult decision, buyers comparison shop so your home will have to have a fair market price in order for it to attract a buyer. A real estate professional can help you determine the market value of your home while still obtaining the best price for it.
Some factors to take into account when determining your home price are:
The true value of your home is simply what someone is willing to pay for it. By working with a real estate professional you can ensure that your property will receive the needed exposure to attract interested buyers.
We provide virtual tours of all our listed homes at no cost. Virtual tours permit buyers to look around inside and outside a home while online.
We use the Sure Close transaction management system. You will be provided with a password to allow you to log in and monitor the progress of your escrow online.
I am a GMAC Premier Service provider. You will be provided with a certificate guaranteeing the superior service that you will receive. On completion of your escrow the independant Premier Service administrator will ask you to complete a report card on how well I lived up to the Premier Service guarantee. My continued certification depends upon these report cards so it is very important that I do a good job.
Naturally your home should look the best it possibly can when buyers are walking through. The exterior trim should be painted if it needs it, the hedges clipped, the lawns mowed, and the edges neat. Planting some flowers can make a big difference.
On the inside put the clutter away (including clothes and dishes) and make everything look tidy. Open drapes and turn on lights for a brighter feel. Put toys away and turn off the television. Secure jewelry, cash, prescription medication and other valuables. Place fresh flowers in the main rooms. Let fresh air in and get rid of odors that may be unfamiliar or unpleasant.
A good first impression can influence a buyer into making an offer; it influences a buyer emotionally and visually. If you want buyers to be interested in your home, you need to show it in its best light.
A bad first impression weighs just as heavily, do not show your property until it is all fixed up. A negative first impression could be used as a reason for negotiation.
Most likely you are emotionally tied to your house which puts you in a bad position to see it as potential buyers will. Ask around for the opinions others have of your home, your real estate agent can give solid advice on what needs to be done. What you need are objective opinions.
Typically, there are some general fix ups that need to be done both inside and out. As a seller, you should consider the following:
Keep in mind that not only do you want the best price but the best terms as well. If you concentrate solely on the price, you may overlook terms that could be favorable to you as a buyer. Here are some terms that may work in your favor:
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and to determine if it meets your needs.
This is a valuable protection to the seller because it establishes the actual condition of the property at the time of sale.
Escrow has the role of a neutral third party. The escrow company follows the instructions that were agreed upon by the buyer and seller (basically the purchase contract) and when everything is in place the seller is given his money and the buyer receives the title to the property.
The escrow company employs the services of a title company to verify that the seller is the clear legal owner of the property. The title company issues title insurance which protects the buyer against loss due to a subsequent discovery that there is a problem with the title.
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Jim Forsyth CRS e-PRO
DRE License: 01386947 College Realty Inc. GMAC Real Estate, 14767 Bear Valley Rd. Hesperia, CA, 92345 Cell: (760) 617-3390 Fax: (760) 281-1701 |
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