Realty World Tri-Shasta » Home Selling http://theannmarienelson.com AnnMarie Nelson's Real Estate Blog, License #01484306 Wed, 22 Feb 2012 19:06:21 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Pricing Technologies http://theannmarienelson.com/2012/02/07/pricing-technologies/ http://theannmarienelson.com/2012/02/07/pricing-technologies/#comments Tue, 07 Feb 2012 17:20:37 +0000 AnnMarie Nelson http://aangulo.blogs.rwnetwork.com/?p=718 An agent has no control over the market, just the marketing plan. Here are some tips that may be helpful:
Never select an agent based on price
Overpricing in a rising market may be okay, overpricing in a falling market could be disastrous
Cost, price, value, and market value are numbers that represent your property
Regression (an expensive home being decreased in value because of lesser desirable homes) and progression (a home selling for more than its worth because of having more expensive homes in the area)
Substitution
Over-improvements, need, buying in a higher priced area, original purchase price too high, lack of factual comparables, providing bargaining room, high cost of moving, corporate buy-out are all reasons behind overpricing
Should be price the best and should show the best within the first few weeks of it being on the market
Faster sale, fewer inconveniences, exposure, increased cooperative salesperson response, better response to advertising, higher offers, more money to sellers are all benefits to the proper pricing of a home

]]> http://theannmarienelson.com/2012/02/07/pricing-technologies/feed/ 0 Five Factors to Selling Your Home http://theannmarienelson.com/2012/01/23/five-factors-to-selling-your-home/ http://theannmarienelson.com/2012/01/23/five-factors-to-selling-your-home/#comments Mon, 23 Jan 2012 18:40:38 +0000 AnnMarie Nelson http://aangulo.blogs.rwnetwork.com/?p=715 There are five factors to selling your home, even in this market! These five factors are:

  1. Location
  2. Condition of your home
  3. Terms of the sale
  4. Asking price
  5. The real estate agent your select

Four of these five factors you can control! The only one out of your control is the location.

The location of your home does impact the value of your home. Homes located on quiet streets or cul-de-sacs have more location value than homes located on busier streets. Other factors affecting the value of your home due to its location are:

  • Mountain views
  • City views
  • What backs up to your property

These items give an idea of the typical factors that affect the location value. These are factors, again, that you have no control over, but play a major role in the value of the home.

But, never underestimate the important of having your home looking at its best. Having your home appeal to the buyers is very important.

  1. First impressions are very important: Curb appeal and front entrance
  2. Kitchen and bathrooms are important rooms: Keep clean and uncluttered
  3. Flooring should be clean and deodorized
  4. Paint – its is the highest return improvement investment one can make and the most inexpensive compared to other home improvement remedies

Last but not least, the terms of the sale is important to the marketing of your home as well. The possession date, financing options, and contingencies are all examples of the terms of sale. The more flexible, the easier the transaction. You can use flexibility in terms to negotiating a higher selling price. It is important to consider all aspects of the offer to purchase before making any decisions.

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