When it comes time to sell your home, you want to make sure you have the best agent you can afford to market your home. You want an agent who knows what they are doing and will get those buyers to your home. What do you do when your agent has done their job and you have had more showings than you ever imagined, but your home still hasn’t sold? Well, as much as you may not want to admit it, but as a seller you have a responsibility to sell your home too.
The Absorption Rate is the ability of the real estate market to absorb or sell all of the houses for sale in a given amount of time. For example, if 100 homes are sold every month and there are 1200 homes for sale, it will take 12 months to sell all of the homes currently for sale. If there are 2400 homes for sale, the absorption rate will (1 comments)
preparing to sell: Pricing Your Property "Right"
- 07/04/11 12:13 PM
What does pricing your house right really mean? I often tell my sellers that if we price your home "right" it will sell quickly but when I explain the "right," it always seems to be "wrong" in their eyes. Well the truth is the right price is the price it sells at, not what your neighbors sold for (though a good comp), and it is not what others are listed for; it is below that. David Knox (a very successful Realtor turned speaker and educator from St, Paul, MN) has a great phrase for this situation... "Do you want to stay? (0 comments)
preparing to sell: Staging to sell: It's up to you to lose your buyer!
- 05/23/11 05:31 AM
Did you know that when your home is viewed by a potential buyer, they have already decided your home meets the majority of their needs. Your property meets their size, location and price range preferences as well as any other criteria they may have searched for. This accounts for approximately 80% of their needs and wants in a property! The home buyer is a different kind of creature, and you can personally control over 70% of the first impressions this creatures feels when they view your home. Buyers often times buy on emotion, and it is not unusual for their reason for (0 comments)